Following U.S. Stocks are among the “Most Active” Stocks in the course of recent trading session, Thursday: JetBlue Airways Corporation (NASDAQ:JBLU), Pfizer Inc (NYSE:PFE), Verizon Communications Inc (NYSE:VZ), Dollar General Corp (NYSE:DG)
- JetBlue Airways Corporation (NASDAQ:JBLU), with shares gained 5.12% is now trading at $18.02. The Stock is active as 4.84M shares changed hands versus its average volume of 7.47M shares.
- Pfizer Inc (NYSE:PFE), with shares raised 1.22% is now trading at $34.04. The Stock is active as 5.41M shares changed hands versus its average volume of 31.10M shares.
- Verizon Communications Inc (NYSE:VZ) with shares enhanced 1.36% is now trading at $48.33. The Stock is active as 4.72M shares changed hands versus its average volume of 17.19M shares.
- Dollar General Corp (NYSE:DG), with shares added 3.58% is now trading at $74.00. The Stock is active as 4.43M shares changed hands versus its average volume of 3.87M shares.
Latest NEWS regarding these Stocks are depicted underneath:
JetBlue Airways Corporation (NASDAQ:JBLU)
JetBlue Airways Corporation (JBLU), stated its preliminary traffic results for February 2015. Traffic in February raised 10.0 percent from February 2014, on a capacity raise of 7.4 percent.
Load factor for February 2015 was 83.5 percent, an raise of 1.9 points from February 2014. JetBlue’s preliminary completion factor was 93.4 percent and its on-time (1) performance was 59.7 percent. JetBlue’s preliminary passenger proceed per accessible seat mile (PRASM) for the month of February raised about three percent year over year, which comprises a positive influence of about two and a half points from winter storms during the month. For the first quarter of 2015, PRASM is predictable to raise between three and four percent year over year. JetBlue now anticipates year over year accessible seat mile growth in the first quarter of 2015 to be between nine and 10 percent, down from preceding guidance of 11 to 13 percent due to the winter storms.
JetBlue is New York’s Hometown Airline™, and a leading carrier in Boston, Fort Lauderdale/Hollywood, Los Angeles (Long Beach), Orlando and San Juan. JetBlue carries more than 32 million customers a year to 87 cities in the U.S., Caribbean and Latin America with an average of 850 daily flights. Forthcoming destinations comprise: Cleveland on April 30; Reno-Tahoe, Nev. on May 28; and Grenada on June 11, 2015 (subject to receipt of government authority).
Pfizer Inc. (NYSE:PFE)
Pfizer Inc. (PFE): A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a+” of Blue Whale Re Ltd. (Blue Whale) (Burlington, VT). The outlook for both ratings is stable.
The ratings reflect Blue Whale`s strong capitalization and conservative operating strategy. The ratings also consider the corporation`s critical and central role and favorable profile as part of the Pfizer Group, as well as the excellent performance of its operations. Partially offsetting these positive rating factors are Blue Whale`s very large gross and net underwriting exposures to property losses and its dependence on reinsurance.
Blue Whale is a single parent captive of Pfizer Inc. (Pfizer) [NYSE:PFE], a leading global pharmaceutical corporation. As Blue Whale (re)insures Pfizer`s global property exposures, it plays an important role in Pfizer`s overall enterprise risk administration and assumes a critical role in protecting the Pfizer Group`s assets. Thus, Blue Whale benefits from Pfizer Group`s extensive risk administration and loss control programs.
Blue Whale operates at conservative underwriting leverage levels; however, it provides coverages with extremely large limits, and its gross exposures per loss occurrence are elevated. Although Blue Whale benefits from reinsurance protection, its net retentions remain very substantial. Reinsurance is offered by a large panel of reinsurers, and Blue Whale relies on noteworthy capacity to be able to support its obligations. As such, it is heavily dependent on reinsurance. Nevertheless, A.M. Best recognizes the quality of the reinsurers and the substantial financial resources and support accessible to the captive as part of the Pfizer Group.
Positive rating actions could occur if there is a sustainable and long-term improvement in the operating performance and capital strength of Blue Whale and Pfizer. Conversely, negative rating actions could occur as a result of material operational and performance issues at both Blue Whale and Pfizer. Rating pressure would be likely if there were any adverse changes to many of the regulatory standards to which Pfizer adheres. The potential for future attainments, the associated integration risks and corporation profile changes could lead to both positive and/or negative pressure on the ratings, depending on the attainment details.
A.M. Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated in the United States and throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive.
Pfizer Inc., a biopharmaceutical corporation, discovers, develops, manufactures, and sells healthcare products worldwide. The corporation operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Verizon Communications Inc. (NYSE:VZ)
Today, Verizon Communications Inc. (VZ), declared the expiration and final results of its formerly declared seven separate private offers to exchange specified series of debt securities issued by Verizon and by GTE Corporation (a partner of Verizon) (collectively, the “Old Notes”) for new debt securities to be issued by Verizon (the “New Notes”) and, in the case of the 6.94% debentures due 2028 of GTE Corporation (the “GTE Debentures”), cash, each in accordance with the terms of the Exchange Offers.
The Exchange Offers were conducted by Verizon upon the terms and subject to the conditions set forth in a confidential offering memorandum, dated February 11, 2015, as amended by the two press releases issued by Verizon on February 25, 2015 (the “Offering Memorandum”).
Based on information offered by Global Bondholder Services Corporation, the exchange agent and information agent for the Exchange Offers, the tables below provide the aggregate principal amount of each series of Old Notes validly tendered and not validly withdrawn at or preceding to the Expiration Date for the Exchange Offers (11:59 p.m. (New York City time) on March 11, 2015) and the aggregate principal amount of each series of Old Notes that Verizon anticipates to accept following the Exchange Offers.
Verizon recently declared that the Accounting Treatment Condition (as described in the Offering Memorandum) in addition to certain customary conditions to the Exchange Offers, counting the absence of certain adverse legal and market developments, have been satisfied. No Exchange Offer is conditioned upon any minimum amount of Old Notes being tendered or the consummation of any other Exchange Offer, and, subject to applicable law, each Exchange Offer may be amended, extended or terminated individually.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
Dollar General Corporation (NYSE:DG)
Today, Dollar General Corporation (DG), declared that David Tehle, executive vice president and chief financial officer, will retire from Dollar General effective July 1, 2015.
“David has served as our CFO for nearly 11 years as Dollar General’s annual proceed grew from $7.7 billion to $18.9 billion and our store count grew 61%. His financial acumen, partnership and leadership have been instrumental in transforming Dollar General. During his tenure, David played a key role in Dollar General’s going private transaction in 2007 and our return to the public equity markets in 2009. While I am sad to see him leave, David is a good friend of mine and I am happy for him as he retires. We wish David and his family the best in the future,” said Rick Dreiling, chairman and CEO.
“Dollar General is a great corporation with a very bright future. The accomplishments at Dollar General have clearly been the highlight of my career and it has been a privilege to work with such an outstanding team. The time is right for me to plan to spend more time with my family,” said Tehle.
Preceding to joining Dollar General in June 2004, Tehle spent seven years with Haggar Corporation as executive vice president and chief financial officer. He held leadership positions with several world leaders in manufacturing, counting vice president of finance for The Stanley Works, Mechanics Tools Division, and vice president of finance and chief financial officer for Hat Brands Inc. Tehle gained 12 years of financial experience through administration positions at Ryder System Inc. and through various financial and accounting positions at Texas Instruments, Inc. He has served as a director of Jack in the Box Inc. since December 2004.
Dollar General has started a search for a successor and will consider both internal and external candidates for the job.
Dollar General Corporation has been delivering value to shoppers for over 75 years. Dollar General assists shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations.
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