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Sunday 11 October 2015
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Mix Cap Stocks Trader’s Buzzers: F.N.B. Corp (NYSE:FNB), Two Harbors Investment Corp (NYSE:TWO), Lennar Corporation (NYSE:LEN), Shopify Inc (NYSE:SHOP)

On Thursday, F.N.B. Corp (NYSE:FNB)’s shares declined -2.61% to $12.68.

First National Bank of Pennsylvania, the largest partner of F.N.B. Corporation (FNB), reached a purchase and assumption agreement to acquire about $383 million in retail and private banking deposits, 17 branch banking locations and related consumer loans in the Pittsburgh MSA from Fifth Third Bank. The transaction will be additive to FNB’s retail delivery channel, creating access to over 100 branches in the Company’s Pittsburgh region, and is predictable to close in early 2016, subject to regulatory review and approval.

FNB, headquartered in Pittsburgh, was also recently named a top place to work for a fifth successive year by two separate Pittsburgh publications.

F.N.B. Corporation, a financial holding company, provides various financial services to consumers, corporations, governments, and small- to medium-sized businesses primarily in Pennsylvania, eastern Ohio, and northern West Virginia.

Two Harbors Investment Corp (NYSE:TWO)’s shares gained 1.39% to $9.48.

Two Harbors Investment Corp. (TWO) declared a quarterly dividend of $0.26 per share of common stock for the third quarter of 2015. This dividend is payable on October 22, 2015 to common stockholders of record at the close of business on September 30, 2015.

Two Harbors distributes dividends based on its current estimate of taxable earnings per common share, not GAAP earnings. Taxable and GAAP earnings are predictable to differ principally because of differences in discount accretion and premium amortization, certain non-taxable unrealized and realized gain and losses on derivatives, and non-deductible general and administrative expenses.

Two Harbors Investment Corp. operates as a real estate investment trust (REIT) that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights, commercial real estate debt and related assets, and other financial assets.

At the end of Thursday’s trade, Lennar Corporation (NYSE:LEN)‘s shares surged 1.30% to $52.98.

Lennar Corporation (NYSE:LEN and LEN.B), one of the nation’s largest homebuilders, declared recently that the Company will release earnings for the third quarter ended August 31, 2015 before the market opens on September 21, 2015. Additionally, the Company will hold a conference call on September 21, 2015 at 11:00 a.m. Eastern Time.

Lennar Corporation, together with its auxiliaries, engages in the homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto, and Lennar Multifamily segments.

Shopify Inc (NYSE:SHOP), ended its Thursday’s trading session with 22.66% gain, and closed at $35.46.

Shopify Inc.(SHOP) (SH.TO), a leading cloud-based multichannel commerce platform, recently declared that it has been selected as the preferred migration provider for Amazon Webstore merchants. In addition, Shopify is providing its merchants with tools and services to assist customers grow their online business and easily integrate Amazon offerings such as Login and Pay with Amazon, Fulfilment by Amazon and Selling on Amazon.

Shopify is making it easier for online businesses to sell on both Amazon and other channels using Shopify. The channels that Shopify also supports comprise an online store, point of sale system, and buy buttons on social platforms.

Shopify merchants can access the following tools and services:

  • Migration of Amazon Webstores: Amazon Webstore sellers can now seamlessly migrate their businesses to a Shopify account, with no interruption to their online businesses. Webstore sellers can select any Shopify plan, starting at $29/month, and receive a 30-day free trial. Shopify will provide support to assist in the store migrations. Webstore sellers can start the migration process or learn more by signing up for Shopify via amazon.shopify.com/webstore.
  • Login and Pay with Amazon: Shopify merchants can enable Amazon’s payment gateway in the U.S. This gives consumers the ability to login and pay using their Amazon credentials. As a consumer’s shipping and payment information is stored with Amazon, they can quickly and securely checkout on desktop or mobile.
  • Fulfilment by Amazon: Shopify merchants can ship products sold on their websites using inventory stored in Amazon’s fulfilment centers.

Shopify Inc. provides a cloud-based commerce platform for small and medium-sized businesses. Its platform provides merchants with a single view of their business and customers in various sales channels, counting Web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops; and enables them to manage products and inventory, process orders and payments, build customer relationships, and leverage analytics and reporting.

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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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