On Friday, Shares of Quest Diagnostics Inc (NYSE:DGX), lost -1.98% to $72.43.
Quest Diagnostics, declared that it has accomplished the formerly declared acquisition of MemorialCare Health System’s laboratory outreach service business.
Because of the transaction, patients and physicians now have access to Quest’s extensive range of innovative services and network of nearly 200 patient service centers in southern California. MemorialCare Health System’s hospital-based laboratories are not part of the transaction.
Quest Diagnostics Incorporated provides diagnostic testing information services in the United States and internationally. The company offers clinical testing services, such as routine testing, gene-based and esoteric testing, anatomic pathology services, and drugs-of-abuse testing, in addition to related services and insights; laboratory testing services for new drugs, vaccines, and medical devices; analytic, on-site prevention, and wellness services; and risk assessment services for the life insurance industry.
Shares of Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX), declined -2.76% to $8.81, during its last trading session.
Santander Mexico declared financial results for the three- and six-month periods ending June 30, 2015.
Santander Mexico stated net income for the quarter of Ps.3,238 million, representing a YoY decline of 12.2% and a QoQ enhance of 0.7%.
Marcos Martinez, Grupo Financiero Santander Mexico’s Executive President and CEO, commented, “We stated a strong business performance this quarter, with all core products expanding well-above system growth rates reflecting our focus on client service and attractive product offering.”
“Most significantly, consumer loans, ex-credit cards, were up 31% year-on-year and 14% sequentially. Even not taking into account the acquisition of the Scotiabank portfolio effective on April, this loan portfolio expanded 7% sequentially, more than doubling system growth driven by our renewed focus on payroll and personal loans. An effective cross selling strategy implemented with the newly attained customers also contributed to this performance. Despite soft growth in credit cards, up 4% sequentially, we exceeded market growth by more than four times. Mortgage loans rose 14% from 2Q14, well-above the system as we continue to leverage our wide product offering and our position as Mexico’s leading mortgage originator. SME loans posted a 24% year-on-year enhance, also beating the market, maintaining our leadership position in this profitable market as we continue to drive our cross-selling efforts and differentiated financial services.”
Grupo Financiero Santander Mexico, S.A.B. de C.V., through its auxiliaries, provides a range of financial services to individuals, private banking clients, small and medium-sized enterprises, government institutions, and corporate and institutional customers primarily in Mexico.
At the end of Friday’s trade, Shares of TE Connectivity Ltd (NYSE:TEL), gained 0.45% to $61.91.
TE Connectivity, declared that it has deployed its FlexWave Prism distributed antenna system (DAS) to deliver wireless services at Olympic Stadium in Baku, Azerbaijan. The deployment supported capacity crowds at the first European Games held at the 68,000-seat stadium between June 12 and 28, 2015.
TE offered its FlexWave digital DAS to Mikrolink Azerbaijan, the system integrator on the project. The DAS supports 32 sectors of 900, 1800, and 2100 MHz 2G, 3G, and 4G services for three mobile operators and ensured that capacity crowds at the Games received strong and compriseent mobile services throughout the event.
TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions.
Finally, HRG Group Inc (NYSE:HRG), ended its last trade with -4.61% loss, and closed at $13.46.
HRG Group, declared its merged results for the third quarter of Fiscal 2015 ended on June 30, 2015. The results comprise HRG’s four segments:
- Consumer Products, which comprises of Spectrum Brands Holdings, Inc.;
- Insurance, which comprises Fidelity & Guaranty Life and Front Street Re, Ltd.;
- Energy, which comprises of Compass Production Partners, LP, a partner of HGI Energy Holdings, LLC engaged in the operation, acquisition and development of conventional oil and natural gas assets in the U.S.; and
- Asset Management, which comprises Salus Capital Partners, LLC, Energy & Infrastructure Capital and CorAmerica Capital, LLC.
HRG Group, Inc., through its auxiliaries, provides various branded consumer products. The company operates in four segments: Consumer Products, Insurance, Energy, and Financial Services.
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