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Wednesday 27 January 2016
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Friday’s Trade News Buzz on: eBay Inc (NASDAQ:EBAY), E*TRADE Financial Corp (NASDAQ:ETFC), Frontier Communications Corp (NASDAQ:FTR), Metlife Inc (NYSE:MET)

On Friday, eBay Inc (NASDAQ:EBAY)’s shares declined -0.95% to $26.02.

This month marks the 20th anniversary of eBay, the iconic global brand and vibrant marketplace where the world goes to shop, sell, and give. Founded over Labor Day weekend in 1995, the e-commerce pioneer revolutionized the way people connected 20 years ago and remains a leading technology innovator. With the release of eBay 4.0, a new app for iOS and Android, eBay continues to innovate by creating an easier, more personalized way to shop and sell, and enabling its global community to discover a singular selection of things that inspire them – anytime, anywhere.

What began as one software programmer’s hobby in 1995, eBay is now one of the world’s best marketplaces with 157 million active buyers, 25 million sellers and over 800 million items for sale at any given time. A trusted shopping and selling destination, eBay delivers great value and unique global selection – from new (roughly 80% of merchandise sold is new) or pre-owned, everyday or luxurious, commonplace or rare. And, shoppers enjoy reliable shipping and returns – about two thirds of items arrive within three days, and ship for free in big markets, counting the U.S., U.K. and Germany – in addition to purchase protection through the eBay Money Back Guarantee.

Whether people are searching or selling; browsing, bidding or choosing to “Buy It Now” (82% of items accessible are fixed price), eBay continues to enhance its experience across screens of all sizes. From introducing one of the first apps for iPhone in 2008 to reaching 279 million app downloads globally, eBay has a history of mobile leadership. eBay 4.0 for iPhone, iPad and Android is a key step in delivering a simple, customized experience for buyers and sellers across all devices. The new app is tailored to fill people’s inspiration and utility needs, while also bringing selling to the forefront – all supported by platform updates that enhance app speed, efficiency and comprising.

eBay Inc. operates as a technology company that enables commerce and payments on behalf of users, merchants, retailers, and brands of various sizes in the United States and internationally. It operates in three segments: Marketplaces, Payments, and Enterprise.

E*TRADE Financial Corp (NASDAQ:ETFC)’s shares dropped -3.41% to $26.06.

E*TRADE Financial Corporation (ETFC) released its Monthly Activity Report for August 2015.

Daily Average Revenue Trades (“DARTs”) for August were 179,908, including a record trading day for the Company on August 24 with over 394,000 trades. August DARTs represented a 21 percent increase from July and a 23 percent increase from the year-ago period. The Company added 37,750 gross new brokerage accounts in August, and ended the month with approximately 3.2 million brokerage accounts — an increase of 14,038 from July.

Net new brokerage assets were $1.4 billion in the month. During the month, customer security holdings decreased by six percent, or $11.9 billion, and brokerage-related cash decreased by $0.3 billion to $40.9 billion. Bank-related cash and deposits decreased by $0.1 billion, ending the month at $5.4 billion. Customers were net buyers of approximately $1.3 billion in securities during the month.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It operates through two segments, Trading and Investing, and Balance Sheet Administration.

At the end of Friday’s trade, Frontier Communications Corp (NASDAQ:FTR)‘s shares dipped -4.04% to $4.99.

Frontier Communications Corporation (FTR) declared a new offer that comprises a one-year membership to Amazon Prime when customers order new High-Speed Internet service from Frontier. This offer is also accessible with packages counting TV and other services. The offer delivers a complete communications and entertainment package that customers can access through their laptop, tablet, TV and most smartphones across the company’s 28-state footprint.

Amazon Prime benefits comprise:

  • Unlimited Free Two-Day Shipping on more than 20 million items
  • Prime Free Same-Day delivery in 500 cities and towns – more than one million items are accessible to order by noon and get it by bedtime
  • Unlimited streaming of tens of thousands of movies and TV episodes
  • Access to more than 800,000 books with the Kindle Owners’ Lending Library

Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, video, and voice over Internet protocol products, in addition to traditional copper-based broadband products; and commercial services, counting Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services.

Metlife Inc (NYSE:MET), ended its Friday’s trading session with -2.64% loss, and closed at $46.52.

Award-winning morning show The Balancing Act® will feature a “Be the Change” segment on how corporate America is empowering people to build better lives on Friday, September 18 and Friday, September 25 at 7:30 a.m. (ET/PT) on Lifetime®.

“Providing quality, affordable financial tools and know-how for those in need” is the objective behind MetLife Foundation’s on-going efforts in communities across the world. Working in collaboration with the Local Initiatives Support Corporation or LISC, the two have partnered to help struggling men and women pursue their goals, such as finding a better job or improving their financial lives — from building credit to sound habits around savings and budgeting. LISC’s Financial Opportunity Centers, funded in part by MetLife Foundation, help working individuals, especially working mothers, nationwide. Join MetLife Foundation’s April Hawkins, and LISC’s Sueng Kim as they sit down with Jennifer Castañón, a woman who is living proof that corporations and their nonprofit partners are helping those less fortunate. TV Host Julie Moran leads the charge in this engaging “Be the Change” segment. For additional information please go to www.metlife.org.

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Operatesite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa.

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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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