On Friday, Shares of Fiserv Inc (NASDAQ:FISV), added 0.74% and closed at $100.54 in the last trading session. The last trading range of the stock ranges between $99.19 and $100.71. Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, recently declared that BDO Unibank, one of the leading banks in the Philippines, expanded their relationship with Fiserv to include Managed Services to support the IT programs of the bank. BDO Unibank utilizes the Signature® core account processing platform, the Teller front-end teller system, and the Communicator enterprise framework solution from Fiserv. With the addition of Managed Services, Fiserv will provide expertise for IT projects, analysis and testing of systems and process, and employee training. This will allow BDO Unibank to focus resources on business programs while ensuring that critical IT systems and processes are maintained.
“Throughout our relationship with Fiserv, we have had high-quality support on our core banking platform and surround solutions. We chose to expand the relationship with the company’s qualified team of experts to assist augment our capacity and drive IT programs,” said Enrico Hernandez, Senior Vice President for IT Development, BDO Unibank. “With Managed Services, we can ensure that systems already in place are optimised and focus our organisation’s resources on growth programs, future plans and offering our customers the best possible banking experience.”
Supernus Pharmaceuticals Inc (NASDAQ:SUPN), jumped 5.37% and closed at $21.60 in the last trading session. The last trading range of the stock ranges between $20.33 and $22.05. The company’s Market capitalization is $1.13 Billion with the total Outstanding Shares of 49.51 million. Supernus Pharmaceuticals, Inc. (SUPN), a specialty pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, recently declared that the Company will hold a business update call on Monday, November 14, 2016 at 9:00AM EST.
Jack Khattar, President and Chief Executive Officer, and Greg Patrick, Chief Financial Officer, will host a conference call to present a business update. Following the presentation, the call will be open for questions.
Burlington Stores Inc (NYSE:BURL), jumped 1.12% and closed at $72.85 in the last trading session. The last trading range of the stock ranges between $71.41 and $73.01.The company stock’s 52-week range is $39.40 – $87.23. Burlington Stores, Inc. (BURL) (“Burlington”), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, recently issued the following statement in response to a report issued on November 3, 2016 by self-proclaimed short seller Spruce Point Capital Administration.
The Company stands by its financial statements and emphatically denies the claims made in the report. The report, which is filled with innuendo and baseless allegations, is based on flawed, inaccurate and misleading analysis.
The Company also notes that the short seller stated in the report that it ‘stands to realize noteworthygains in the event that the price of [Burlington’s] stock declines’.
Burlington’s financial statements are prepared in accordance with GAAP and any non-GAAP information is reconciled to its GAAP equivalent. Burlington’s annual financial statements are audited by Deloitte & Touche LLP.