On Friday, Shares of UBS Group AG (USA)(NYSE:UBS), added 4.29% and closed at $13.62 in the last trading session. The last trading range of the stock ranges between $13.35 and $13.71. Paula Polito, Client Strategy Officer of UBS Wealth Administration Americas, and Dawn Fitzpatrick, Global Head of Equities, Multi-Asset, & O’Connor, were named among the 25 Most Powerful Women in Finance by American Banker magazine. The two UBS Group Managing Directors were honored for their professional and personal achievements and their business acumen. The 14th annual ranking recognizes women whose outstanding performance is driving change in the non-bank finance sector, counting capital markets, asset administration, investment banking and card networks.
“Paula and Dawn continue to set a high standard for all of us at UBS, in addition to for rising leaders across the financial services industry,” said Tom Naratil, President UBS Wealth Administration Americas and President UBS Americas. “We’re proud of their many accomplishments throughout their careers and the important contributions they continue to make to our success. I’m happy to join all of my UBS colleagues in offering them our well-deserved congratulations.”
Polito is WMA’s Client Strategy Officer and a Group Managing Director, one of 124 at UBS AG globally, and a member of the Executive Committee of UBS Wealth Administration Americas. As Client Strategy Officer, she leads 350 employees, accountable for $160 billion in assets for the firm. Polito is directly responsible for six noteworthyareas of business, counting WMA’s Corporate Solutions businesses, which cover Retirement Plan Consulting, Equity Plan Advisory Services, Institutional Consulting, and the Wealth Advice Center for emerging affluent clients. She plays a key role in setting the planned direction of the firm and also serves as Chairman of UBS’s Client Strategy Office Forum, an organization dedicated to enhancing the client experience across all global divisions of UBS.
Centurylink Inc (NYSE:CTL), dropped -0.33% and closed at $27.43 in the last trading session. The last trading range of the stock ranges between $27.42 and $27.81. The company’s Market capitalization is $14.93 Billion with the total Outstanding Shares of 545.97 million. CenturyLink, Inc. (CTL) has received the 2016 Asia Pacific Hybrid IT Strategy Award for the second successive year from Frost & Sullivan, a global growth consulting firm. The award, based on Frost & Sullivan’s in-depth research and careful evaluation, recognizes CenturyLink’s outstanding ability to deliver an integrated and comprehensive hybrid IT portfolio that includes cloud, colocation, managed hosting, network and managed services to meet rising demands for highly automated, efficient, reliable and flexible IT services.
According to Frost & Sullivan, hybrid IT is fast becoming the new normal across organizations in Asia Pacific. The raised utilization of data centers and cloud services in Asia Pacific has led to a gradual update or upgrade of companies’ existing IT systems, which is giving rise to the hybrid IT environment. An improved customer experience and greater focus on business model innovation is also driving service providers to accelerate their pace of service innovation.
CenturyLink is a leading global hybrid IT solutions provider that powers the needs of 98 per cent of Fortune 500 companies. Frost & Sullivan analysts determined that CenturyLink’s leadership in product innovation, coupled with a sound marketing and business development strategy, brought it to the top of the pack.
Sandeep Bazaz, Industry Analyst, Digital Transformation, Asia Pacific at Frost & Sullivan, said that CenturyLink has continued to invest in developing enterprise-class solutions to better serve the changing needs of business and also improve its service portfolio by acquiring companies in service lines of managed services, disaster recovery, cloud application administration and database as a service. CenturyLink also provides cost-effective solutions and a strong partner ecosystem that has assisted grow its customer base in the Asia Pacific region.
Gogo Inc (NASDAQ:GOGO), subtract -5.56% and closed at $11.04 in the last trading session. The last trading range of the stock ranges between $10.95 and $11.81. During the 52-week trading session the minimum price at which share price traded, registered at $7.80 and reached to max level of $19.61. Gogo (GOGO), the global leader in providing broadband connectivity solutions and wireless entertainment to the aviation industry, declared recently that it will partner with Air France-KLM to connect its existing long-haul fleet representing 124 aircraft, with an airline option to install the technology on additional aircraft in the future.
The fleet of aircraft receiving Gogo’s 2Ku technology will include numerous aircraft types, counting the Boeing 777 and Airbus A330s.
“We are delighted to bring Gogo’s industry leading 2Ku technology to one of the leading airlines in the world and two of the most iconic brands in commercial aviation,” said Michael Small, Gogo’s president and CEO. “2Ku delivers a ground-like performance to aircraft flying around the world recently, counting the ability to stream video. One of the many benefits of 2Ku is that it’s built on an open architecture and can leverage new technology advancements in the future, which means the technology will get even better over time and will provide passengers with a superior connectivity experience now and in the future.”
The first aircraft is expected to be in service end of next year, with the bulk of the installations taking place during 2018-2019.