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Friday 7 August 2015
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Active Stocks on Trader’s Radar: Shares of Fifth Third Bancorp (NASDAQ:FITB), Pinnacle West Capital Corporation (NYSE:PNW), GasLog Ltd (NYSE:GLOG)

On Wednesday, Shares of Fifth Third Bancorp (NASDAQ:FITB), lost -1.21% to $20.46.

Fifth Third Bancorp, declared that Greg D. Carmichael, current president and chief operating officer, will become president and chief executive officer effective November 1, 2015. Carmichael was also elected to the board, effective right away.

Carmichael will succeed Kevin T. Kabat, who has informed the board of his intention to retire. Kabat has served as CEO since April, 2007, and he will remain executive vice chairman of the board until his retirement in April 2016. His career comprised of 33 years of combined service at Fifth Third and a predecessor.

Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors.

Shares of Pinnacle West Capital Corporation (NYSE:PNW), declined -0.10% to $60.28, during its last trading session.

Pinnacle West Capital Corporation, declared that it plans to release its 2015 second-quarter financial results before the U.S. financial markets open on Thursday, July 30, 2015.

That same day at 12 noon (ET), the Company also will host a live webcast of administration’s conference call to talk about the Company’s results, as well as recent developments. The webcast can be accessed at pinnaclewest.com/presentations and will be accessible for replay on the website for 30 days. To access the live conference call by telephone, dial (877) 407-8035 or (201) 689-8035 for international callers. A replay of the call also will be accessible until 11:59 p.m. (ET), Thursday, Aug. 6, 2015, by calling (877) 660-6853 in the U.S. and Canada or (201) 612-7415 internationally and entering conference ID number 13612909.

Pinnacle West Capital Corporation, through its partner, Arizona Public Service Company, provides retail and wholesale electric services primarily in the State of Arizona. It generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar resources.

Finally, GasLog Ltd (NYSE:GLOG), ended its last trade with -5.90% loss, and closed at $17.39.

GasLog Partners, declared the closing of the Partnership’s acquisition from GasLog of 100% of the ownership interests in the entities that own and charter the liquefied natural gas (“LNG”) carriers the Methane Alison Victoria, the Methane Shirley Elisabeth and the Methane Heather Sally.

GasLog Ltd., together with its auxiliaries, owns, operates, and manages vessels in the liquefied natural gas (LNG) market worldwide. It provides maritime services for the transportation of LNG; and LNG vessel administration services.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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