On Wednesday, Shares of Comcast Corporation (NASDAQ:CMCSA), lost -4.67% to $59.81.
Comcast Corporation has added its newest member to the California Technical Operations group, naming Joe Bell as the new Area Vice President for the South Valley. Bell will report to Amy Lynch, Regional Vice President of Technical Operations for Comcast California.
Bell will be overseeing all aspects of Comcast’s operations in the South Valley, counting Fresno, Merced, Visalia, Santa Maria and North Santa Barbara areas. He recently served as the Senior Director of Technical Operations, for the Big South region. In that role, Bell was responsible for the day-to-day operations of the South Area which comprises Central and Southern Mississippi, Louisiana and Southern Alabama. Bell replaces Jeff Votaw who recently transferred to Sacramento to serve as Area Vice President for the Sacramento Valley.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Shares of H&R Block, Inc. (NYSE:HRB), inclined 8.91% to $35.83, during its last trading session hitting its highest level.
H&R Block declared that H&R Block, H&R Block Bank and BofI have received regulatory approvals from the Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System (Federal Reserve) to proceed with the purchase and assumption agreement formerly declared on April 10, 2014. Under the agreement, H&R Block Bank has agreed to sell certain assets and transfer certain liabilities, counting all of its deposit liabilities, to BofI.
At the time of closing of the purchase and assumption transaction, the parties will enter into a program administration agreement under which BofI will offer H&R Block-branded financial services products to our customers: Emerald Prepaid MasterCard®, Refund Transfers and Emerald Advance® lines of credit through H&R Block’s retail and digital channels. Material terms of the purchase and assumption agreement and the program administration agreement have been agreed upon and were revealed in Form 8-Ks filed with the Securities and Exchange Commission (SEC) on April 10, 2014. The transaction is predictable to close no later than September 30, 2015.
H&R Block, Inc., through its auxiliaries, provides tax preparation, banking, and other services to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees; and online tax services, such as tax advice, professional and do-it-yourself (DIY) tax return preparation, and electronic filing services through its Website hrblock.com.
Finally, Citizens Financial Group, Inc. (NYSE:CFG), ended its last trade with 1.48% gain, and closed at $26.66.
Citizens Financial Group declared the closing of its offering of $250 million aggregate principal amount of its 4.350% Subordinated Notes due 2025 (the “Offering”).
The net proceeds of the Offering were used to fund the repurchase of about 9.62 million shares of CFG’s common stock from a partner of The Royal Bank of Scotland Group plc (“RBS”) at a price of $26.00 per share which equaled the price to the public under RBS’s underwritten public offering of CFG common shares which closed yesterday. The Offering closed on July 31, 2015, and the share repurchase closed August 3.
Right away following completion of the share repurchase transaction, RBS’s remaining ownership stake in CFG’s outstanding common shares was about 20.9%. The Offering and share repurchase transaction are part of CFG’s capital action plan as reviewed by the Federal Reserve Board in its 2015 Comprehensive Capital Analysis and Review process.
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.
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