Current Trade News Buzz on: CNO Financial Group (NYSE:CNO), State Street (NYSE:STT), CDK Global (NASDAQ:CDK), New York REIT (NYSE:NYRT)

 

During Tuesday’s current trade, CNO Financial Group Inc (NYSE:CNO)’s shares decline -0.05% to $19.26.

CNO Financial Group Inc (CNO) a holding company for several national life and health insurers that serve middle-income working Americans and retirees, is a PLATINUM winner of the 2015 Best Employers for Healthy Lifestyles® awards.

Best Employers for Healthy Lifestyles is a program sponsored by The National Business Group on Health, a nonprofit association of large U.S. employers.

Of the 64 U.S. employers honored, CNO Financial Group was among 26 companies that received the PLATINUM award – the highest designation – for its ongoing commitment to promoting a healthy work environment and encouraging workers to live healthier lifestyles. This is the second successive year that CNO Financial Group has been honored as a Best Employer for Healthy Lifestyles.

CNO Financial Group, Inc., through its auxiliaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. Its Bankers Life segment markets and distributes Medicare supplement insurance, interest sensitive and traditional life insurance, fixed annuities, and long term care insurance products; Medicare advantage plans primarily through distribution arrangements with Humana, Inc. and United HealthCare; and Medicare Part D prescription drug plans through a distribution and reinsurance arrangement with Coventry Health Care.

State Street Corp (NYSE:STT)‘s shares gain 0.47% to $79.90, during the current trading session Tuesday’s, hitting its highest level.

State Street Corp (STT) declared that Greg Ehret, age 45, has been named president. He will continue to report to Ron O’Hanley, chief executive officer of SSGA.

Ehret led SSGA’s business in Europe, the Middle East and Africa (EMEA) from July 2008 to September 2012 counting the purchase of the Bank of Ireland Asset Administration and spearheading State Street’s European ETF franchise.

Ehret is responsible for SSGA’s client facing, product and marketing, operations and infrastructure teams and will lead the execution of the non-investment aspects of strategy. He will also continue to leverage SSGA’s global footprint, scale and talent to both deepen and broaden the range of capabilities for clients.

State Street Corporation provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, counting custody; product- and participant-level accounting; daily pricing and administration; master trust and master custody; record-keeping; cash administration; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; and performance, risk, and compliance analytics.

In an afternoon trade, CDK Global Inc (NASDAQ:CDK)‘s shares plunge -0.45% to $55.30.

At a time when raised interconnectivity can mean raised risk, and seeing the need to accelerate efforts and expand the commitment to protecting the retail automotive industry and its customers, CDK Global, Inc. (“CDK Global” and “CDK”) (NASDAQ: CDK) has declared a broad-reaching program of security enhancements. CDK Security First is designed to raise awareness of ways to assist the industry become more secure and bolster client and consumer security and engage clients as active participants in protecting the industry. CDK is taking a leadership position by launching the new Security First program to move the industry forward on the issue of security.

Given the prevalence of data breaches outside of automotive retail — coupled with the fact that automotive retail represents 3.5% of the U.S. GDP and over one million people work in vehicle dealerships, CDK felt a need to launch a program designed to evolve the industry and how all its stakeholders address security.

CDK Global, Inc. provides integrated information technology and digital marketing/advertising solutions to the automotive retail industry. Its solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, and repair and maintenance of vehicles.

New York REIT Inc (NYSE:NYRT), during its Tuesday’s current trading session 0.87% gain and closed at $10.38.

New York REIT Inc (NYRT) declared that Randolph C. Read has been designated Non-Executive Chairman of the Company’s Board of Directors (the “Board”), and the Board has been overwhelmingly re-elected at recently’s shareholders meeting. Mr. Read, who has served as a director on the Board since December 2014, will succeed William M. Kahane, who will continue to serve as a director.

Co presently, in line with its commitment to maximize long-term stockholder value, NYRT declared that the Board has authorized the Company to repurchase up to $150 million of the Company’s common stock. Additionally, the Board has authorized the engagement of Cushman & Wakefield and Holiday Fenoglio Fowler to sell certain of the Company’s non-core assets as part of the Company’s efforts to focus on high quality New York City real estate generating comprising, stable returns and providing noteworthy long-term capital appreciation opportunities.

New York REIT, Inc. focuses on acquiring commercial real estate, in addition to acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City. It intends to qualify as a real estate investment trust for the U.S. federal income tax purposes. The company was formerly known as American Realty Capital New York Recovery REIT, Inc. New York REIT, Inc. was founded in October 2009 and is based in New York, New York.

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