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Darden Restaurants Agrees To Acquire Cheddar’s Scratch Kitchen For $780 Million; Adds A Casual Dining Value Leader To Darden’s Portfolio Of Differentiated Brands

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ORLANDO, Fla., March 27, 2017 /PRNewswire/ — Darden Restaurants, Inc. (NYSE: DRI) today announced that it has agreed to acquire Cheddar’s Scratch Kitchen (Cheddar’s) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners. Cheddar’s will add to Darden’s portfolio of differentiated brands which currently […]

McKay named president of Sheffield Financial

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CLEMMONS, N.C., March 20, 2017 /PRNewswire/ — Sheffield Financial, a division of Branch Banking and Trust Company, today announced Jeff McKay has been named president effective April 1. This position was held previously by Jeff Ellison who will transition to a new role as loan administrator with the BB&T Commercial Real Estate and Commercial Credit […]

BB&T increases prime lending rate

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WINSTON-SALEM, N.C., March 15, 2017 /PRNewswire/ — BB&T Corporation (NYSE: BBT) today announced it is increasing its prime lending rate to 4.00 percent from 3.75 percent, effective immediately. About BB&T BB&T is one of the largest financial services holding companies in the U.S. with $219.3 billion in assets and market capitalization of $38.1 billion as […]

BBVA Banks on Oracle to Deliver a Better Mobile Experience to Customers

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Spanish financial services provider chooses Oracle to enable customers to open accounts with mobile devices Redwood Shores, Calif.—Feb 23, 2017 – Differentiating itself from competitors, while offering an enhanced experience to customers, Spanish bank, BBVA, is using Oracle Communications technology to enable customers to open new accounts via their mobile devices in minutes. The banking […]

Recurly Announces Integration with QuickBooks Online

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Combination of best-in-class accounting software and subscription management platform streamlines accounting for subscription businesses San Francisco, CA – February 7, 2017 – Recurly, Inc., the enterprise-grade subscription management platform, today announced an integration with QuickBooks Online which lets customers seamlessly manage subscription billing and accounting data. The integration accelerates the month-end close process, eliminates manual […]

Alderman Named Regional Director for the Central Region

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Winston-Salem, N.C. (Jan. 31, 2017) – Truliant Federal Credit Union has named Kim Alderman to the role of Regional Director for the Central Region. In this position, Alderman will be responsible for the management of Member Financial Centers within Truliant’s Central Region. “Kim is enthusiastic about our member-service oriented mission and very quickly recognized the […]

American Express Announces Artist Pharrell Williams as the Creative Director of the Platinum Card®Pharrell Williams will help elevate and enrich the global experiences offered to Platinum Card Members

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NEW YORK, December 15, 2016 — Today, American Express (NYSE:AXP) announced that musician, producer, style icon and entrepreneur, Pharrell Williams will serve as the Creative Director of the Platinum Card. As the Creative Director, Pharrell will bring his creative vision and style to inspire and guide the global experiences, access and services that the Platinum […]

ePayment Leader U.S. Bank Extends Electronic Freight Payment Invoicing to Europe

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Proven solutions leveraged to bring the benefits of e-invoicing to businesses MINNEAPOLIS & DUBLIN–(BUSINESS WIRE)–Sep. 21, 2016– Elavon Financial Services, European subsidiary of U.S. Bank, now offers electronic freight invoicing support specially designed to satisfy developing regulatory requirements in Europe. The e-invoicing service from Elavon Freight Payment is fully automated, traceable for auditing and compliant […]

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