On Friday, Shares of Lloyds Banking Group PLC (ADR)(NYSE:LYG),subtract -5.67% and closed at $2.66 in the last trading session. The last trading range of the stock ranges between $2.62 and $2.68. The company’s Market capitalization is $44.58 Billion with the total Outstanding Shares of 71.37 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $2.47 and reached to max level of $4.85. Lloyds Banking Group plc provides banking and financial services to individual and business customers in the United Kingdom and internationally. The company operates through four segments: Retail, Commercial Banking, Consumer Finance, and Insurance. The Retail segment offers a range of financial service products, counting current accounts, savings, personal loans, and mortgages to wealth and small business customers; and distributes insurance, protection and credit cards, and a range of long-term savings and investment products. The Commercial Banking segment provides lending, transactional banking, working capital administration, risk administration, and debt capital markets services, in addition to private equity financing to various clients comprising small and medium-sized companies, mid-markets, corporates, and financial institutions. The Consumer Finance segment offers motor finance, credit cards, European mortgages and deposit taking, and car leasing services to consumers and commercial customers. The Insurance segment provides long-term savings, retirement solutions, and protection products through the intermediaries and direct channels; home insurance products through branch network, direct channels, and planned corporate partners; and annuities.
Synchrony Financial (NYSE:SYF), dropped -1.19% and closed at $26.67 in the last trading session. The last trading range of the stock ranges between $26.49 and $27.42. The company’s Market capitalization is $21.98 Billion with the total Outstanding Shares of 833.93 million. During the 52-week trading session the minimum price at which share price traded, registered at $23.25 and reached to max level of $34.60. Synchrony Financial (NYSE: SYF) plans to report its third quarter 2016 results before the market opens on Friday, October 21, 2016. The earnings release and presentation materials will be available on Synchrony Financial’s corporate website.
A conference call to discuss Synchrony Financial’s results will be held at 8:30 a.m. Eastern Time on that day. The conference call can be accessed via an audio webcast through the Shareholder Relations section of the website, under Events and Presentations. A replay will be available on the website or by dialing (888) 843-7419 (U.S. domestic) or (630) 652-3042 (international), passcode 32016#, and can be accessed starting about two hours after the event through November 4, 2016.
On the other hand share Cousins Properties Inc (NYSE:CUZ),lost -24.22% and closed at $7.57 in the last trading session. The last trading range of the stock ranges between $7.19 and $7.66. The company’s Market capitalization is $1.59 Billion with the total Outstanding Shares of 220.50 million. During the 52-week trading session the minimum price at which share price traded, registered at $7.19 and reached to max level of $11.40. Cousins Properties Incorporated (CUZ) (“Cousins”) declared recently it has accomplished the spin-off of Parkway, Inc. (“New Parkway”), a new, independent REIT that will be publicly traded on the NYSE under the symbol “PKY.”
The spin-off occurred by means of a special dividend to Cousins stockholders of all of the outstanding shares of New Parkway stock. Under the terms of the spin-off, Cousins stockholders received one share of New Parkway common stock for every eight shares of Cousins common stock held as of the record date of October 6, 2016. Cousins common stockholders will receive cash in lieu of any fractional shares they would otherwise have been entitled to receive in the distribution.
Since October 3, 2016, New Parkway shares have traded on a “when issued” basis on the NYSE under the symbol “PKY.WI.” The “when issued” trading of New Parkway ended as of the market close on October 6, 2016. Starting recently, the “regular way” trading of New Parkway common stock will begin under the symbol “PKY.” Shares of Cousins will continue to trade under the symbol “CUZ.”