Stocks Under Consideration: Flex Ltd (NASDAQ:FLEX), JetBlue Airways Corporation (NASDAQ:JBLU), People’s United Financial, Inc. (NASDAQ:PBCT)

On Friday, Shares of Flex Ltd (NASDAQ:FLEX), added 0.59% and closed at $13.71 in the last trading session. The last trading range of the stock ranges between $13.65 and $13.81. Flex Ltd. provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide. The company offers innovation services, such as innovations labs for supporting customer design and product development services from early concept stages; collective innovation platform, an ecosystem of technology solutions; Lab IX startup accelerator program; centers of excellence solutions in critical areas; interconnect technology center for printed circuits; and CloudLabs that facilitates customers to accelerate a spectrum of cloud, converged infrastructure, and datacenter strategies. It also provides design and engineering services, counting contract design and joint development manufacturing services, which cover various technical competencies, such as system architecture, user interface and industrial design, mechanical engineering, technology, enclosure systems, thermal and tooling design, electronic system design, reliability and failure analysis, and component level development engineering; and systems assembly and manufacturing services. In addition, the company provides component product solutions, counting rigid and flexible printed circuit board fabrication, and power supplies; after-market supply chain logistics services; and reverse logistics and repair services, such as returns administration, exchange programs, complex repair, asset recovery, recycling and e-waste administration for consumer and midrange products, printers, smart phones, consumer medical devices, notebooks, PC’s, set-top boxes, game consoles, and infrastructure products. The company serves medical, automotive, defense, aerospace, mobile devices, consumer electronics, computing, industrial and emerging, and integrated network solutions industries.

JetBlue Airways Corporation (NASDAQ:JBLU), dropped -2.09% and closed at $17.84 in the last trading session. The last trading range of the stock ranges between $17.80 and $18.47. The company’s Market capitalization is $5.65 Billion with the total outstanding Shares of 324.00 million. JetBlue Airways Corporation (JBLU) stated its preliminary traffic results for September 2016. Traffic in September raised 10.8 percent from September 2015, on a capacity increase of 7.9 percent.

Load factor for September 2016 was 83.2 percent, a boost of 2.1 points from September 2015. JetBlue’s preliminary completion factor was 99.5 percent and its on-time (1) performance was 78.7 percent. JetBlue’s preliminary revenue per available seat mile (RASM) for the month of September reduced about two percent year over year. For the third quarter of 2016, RASM is expected to decrease between three and four percent year over year, in line with prior expectations.

People’s United Financial, Inc. (NASDAQ:PBCT), gained 0.65% and closed at $15.51 in the last trading session. The last trading range of the stock ranges between $15.44 and $15.64. The company’s Market capitalization is $4.86 Billion with the total outstanding Shares of 311.22 million. During the 52-week trading session the minimum price at which share price traded, registered at $13.62 and reached to max level of $16.93. People’s United Financial, Inc. operates as the bank holding company for People’s United Bank, National Association that provides commercial banking, retail banking, and wealth administration services to individual, corporate, and municipal customers. The company operates in two segments, Commercial Banking and Retail Banking. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering services. This segment also provides equipment financing; cash administration, correspondent banking, and municipal banking services; and institutional trust, corporate trust, private banking, and insurance services. The Retail Banking segment offers consumer lending, counting residential mortgage and home equity lending; and consumer deposit gathering services. This segment also provides brokerage, financial advisory, investment administration, life insurance, and non-institutional trust services. In addition, the company offers online banking, investment trading, and telephone banking services.

Leave a Reply

Your email address will not be published. Required fields are marked *