Traders Recap: Citizens Financial Group Inc (NYSE:CFG), Fastenal Company (NASDAQ:FAST)

On Thursday, Shares of Citizens Financial Group Inc (NYSE:CFG), included 3.25 % and shut at $31.73 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $30.69 and $31.80. Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, counting checking, savings, home loans, student loans, credit cards, business loans, and financial administration services. This segment also provides indirect auto finance for new and used vehicles through auto dealerships. The Commercial Banking segment provides various financial products and solutions, counting loans, leases, trade financing, deposits, cash administration, foreign exchange, interest rate risk administration, corporate finance, and capital markets advisory capabilities. It focuses on small and middle-market companies, and serves government banking, not-for-profit, healthcare, technology, asset finance, franchise finance, asset-based lending, commercial real estate, private equity, and sponsor finance industries. As of December 31, 2015, the company operated through 1,200 branches in 11 states across the New England, Mid-Atlantic, and Midwest regions, in addition to online, telephone, and mobile banking platforms. It also maintains about 100 retail and commercial non-branch offices located in its banking footprint and in other states, and the District of Columbia.

Shares of Fastenal Company (NASDAQ:FAST), subtract -0.29% and shut at $44.96 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $44.78 and $45.37. The association’s commercial center capitalization is $12.99 Billion with the general uncommon loads of 289.03 million. Fastenal Company, together with its auxiliaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies mainly under the Fastenal name. The company¬ís fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, in addition to in the maintenance and repair of machines and structures. It also offers miscellaneous supplies and hardware, counting various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers, maintenance, repair, and operations; and non-residential construction market, which include general, electrical, plumbing, sheet metal, and road contractors.

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