On Tuesday, Shares of Netflix, Inc. (NASDAQ:NFLX), added 19.03% and closed at $118.79 in the last trading session. NFLX stock opened its last trade at $116.63 and floating in a range of $116.50 to $133.27. The company’s Market capitalization is $50.09 Billion with the total Outstanding Shares of 428.73 million. During the 52-week trading session the minimum price at which share price traded, registered at $79.95 and reached to max level of $133.37.The Earnings per Share of the company stands at $0.32. Netflix, Inc. (NFLX) has released its third-quarter 2016 financial results by posting them to its website. Please visit the Netflix shareholder relations website to view the Q3’16 financial results and letter to shareholders.
Shares of U.S. Bancorp (NYSE:USB), added 0.68% and closed at $43.01 in the last trading session. USB stock opened its last trade at $43.14 and floating in a range of $42.83 to $43.20. The company’s Market capitalization is $73.39 Billion with the total Outstanding Shares of 1.72 billion. During the 52-week trading session the minimum price at which share price traded, registered at $37.07 and reached to max level of $44.58.The Earnings per Share of the company stands at $3.20. U.S. Bank Wealth Administration declared recently that it has named Eric Freedman as its new chief investment officer (CIO) to replace previous CIO Tim Leach, who recently stepped down. U.S. Bank Wealth Administration manages $133 billion of assets for clients and is ranked among the top 20 wealth administration firms* in the country.
For the past 10 years, Freedman has been CIO, managing director and global market strategist for CAPTRUST Financial Advisors, where he stated to the CEO and was responsible for assisting grow the company into one of the leading RIAs in the country, with $180 billion in assets under administration. Before that, he was a senior portfolio manager for Franklin Street Partners, and vice president of equity derivatives with Goldman Sachs.
“Eric represents everything we were looking for in our next CIO. His drive, deep knowledge of the markets, and commitment to exploring comprehensive investment options on behalf of clients aligns very well with our culture,” said Mark Jordahl, president of U.S. Bank Wealth Administration. “We are excited to welcome Eric to our leadership team. Culturally, he is a great fit for U.S. Bank and represents our core values extremely well. I am confident he is the right person to guide us toward our aims and deliver on client expectations.”