Revlon Chooses Grey and MediaCom Ad Agencies

revlon

NEW YORK — Cosmetic giant Revlon, Inc. announced it has selected Grey as its global creative agency of record and MediaCom as its global media agency of record. Grey will handle two of the company’s largest brands, Revlon and Elizabeth Arden, among others. Grey will provide integrated communications services including traditional and digital advertising, promotion and activation …

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Morgan Stanley Sees Revenues Climb

NEW YORK – Investment bank Morgan Stanley reported net revenues of $9.5 billion for the second quarter ended June 30, 2017 compared with $8.9 billion a year ago. For the current quarter, net income applicable to Morgan Stanley was $1.8 billion compared with net income of $1.6 billion for the same period a year ago. …

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SiteTraker Scores $11 Million

MONTCLAIR, NJ — SiteTraker, the first complete program and asset management platform designed to modernize end-to-end infrastructure and capital project execution, has raised $11 million in Series A financing led by New Enterprise Associates, Inc. (NEA).  Proceeds from the financing will be used to accelerate the SiteTraker Program & Asset Management platform roadmap, deepen customer engagement and continue market expansion. …

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Knicks Name New President and GM

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NEW YORK – Steve Mills has been named president of the New York Knicks NBA team and Scott Perry has been named the team’s general manager. Mills has been the Knicks’ general manager since 2013 and will replace Phil Jackson as President, who was let go from the team. “Today marks a culture change for …

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Five Companies Added to S&P 500

Five companies are being added to the prestigious S&P 500 Index beginning next Wednesday. The companies are MGM Resorts, ResMed, Packaging Corporation of America, A.O. Smith and Duke Realty. S&P Dow Jones Indices announced it will make the following changes to the S&P 500 and S&P MidCap 400 indices effective prior to the open of …

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Flashpoint Secures $28 Million Series C Round

flashpoint

NEW YORK — Flashpoint, a leader in Business Risk Intelligence (BRI), has closed a $28 million Series C funding round led by new investor Georgian Partners. Existing Flashpoint investors Greycroft Partners, TechOperators, Leaders Fund, Jump Capital, Bloomberg Beta, and Cisco Investments also participated in the round. “Georgian Partners brings with it not only a significant …

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American Express Launches Business Travel Tool

amex

NEW YORK — American Express has launched the enhanced Business Travel Account (BTA), which gives companies greater control and more visibility into their business travel expenses. The addition of Virtual Account Numbers in the refreshed product centralizes more types of business travel spending into a single account. The virtual account feature works with the existing …

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Transfix Raises $42 Million

transfix

NEW YORK — Transfix, which develops logistics software for the trucking industry, has closed a $42 million Series C round of funding, led by venture capital firm New Enterprise Associates (NEA). Additional investors in the round include Canvas Ventures, Lerer Hippeau Ventures and other strategic investors. Transfix plans to use the funds to further develop its software platform and grow its technology …

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