On Thursday, Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA)’s shares inclined 0.36% to $8.30.
BBVA Compass declared the 19 members of its new community advisory board, which is stacked with leaders who will assist guide the bank’s efforts to better serve low- to moderate-income individuals and neighborhoods and strengthen its community development program.
The BBVA Compass Community Advisory Board’s members are from national organizations and in markets across the bank’s seven-state footprint and bring expertise in a variety of areas — affordable housing, alternative lending and economic development, for instance, in addition to financial education and inclusion. They’re tasked with giving BBVA Compass executives and board members guidance and feedback on the bank’s restructured Community Reinvestment Act program and will provide referrals for business opportunities in mortgage, small business and commercial lending that will assist the bank meet its CRA aims.
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a diversified international financial group engaged in retail banking, asset management, private banking and wholesale banking. The Company also has investments in some of Spain’s companies.
Olin Corporation (NYSE:OLN)’s shares gained 0.18% to $17.09.
Olin Corporation declared that its shareholders overwhelmingly approved the issuance of shares of Olin common stock and an amendment to Olin’s Amended and Restated Articles of Incorporation to improvement the number of authorized shares of Olin common stock necessary to complete the pending merger with The Dow Chemical Company’s (DOW) U.S. Chlor-Alkali and Vinyl, Global Chlorinated Organics and Global Epoxy businesses. The transaction is still subject to customary closing conditions. The merger is predictable to be accomplished early next month.
“I am very happy to report this morning that Olin shareholders overwhelmingly approved the issuance of Olin common shares and other actions necessary to complete the Olin merger with Dow’s Chlor-Alkali and Vinyl, Global Chlorinated Organics and Global Epoxy businesses. The strong support from shareholders was demonstrated by the percent of votes cast in favor of this transformative transaction. With this milestone successfully behind us we look forward to closing the transaction early next month,” said Joseph D. Rupp, Olin’s Chairman and Chief Executive Officer.
Olin Corporation is a manufacturing company. The Company operates in three segments: Chlor Alkali Products, Chemical Distribution and Winchester. Chlor Alkali Products manufactures and sells chlorine and caustic soda, hydrochloric acid, hydrogen, bleach products and potassium hydroxide.
At the end of Thursday’s trade, SLM Corp (NASDAQ:SLM)‘s shares dipped -2.52% to $7.73.
Temeka Easter, director of social media at Sallie Mae – the nation’s saving, planning, and paying for college company – has been selected by the Delaware Business Times (DBT) for its DBT 40 Class of 2015, an annual honor that recognizes 40 individuals under the age of 40 as influential young achievers and innovators. The 2015 class will be honored at a reception on Sept. 30 at the Delaware Art Museum.
Easter has devoted her career to assisting individuals and families plan for and manage their financial futures. She has initiated saving-for-college initiatives, devised plans that encourage employers to promote college savings, and transformed Sallie Mae’s social media presence into a forum for conversations about financial literacy, responsible borrowing, and the importance of higher education. Easter is a sought-after authority on planning for college and social media, speaking at regional and national industry events, most recently at the national conference of the National Association of Student Financial Aid Administrators.
“Temeka lives the mission of Sallie Mae every day, promoting the value of education and assisting families who aspire to a better future save, plan, and responsibly pay for college,” said Martha Holler, senior vice president, Sallie Mae, who nominated Easter. “She brings passion and enthusiasm to her job that are infectious and inspiring.”
SLM Corporation is a holding company. The Company is a saving, planning and paying for education company. It is engaged in originating and servicing private education loans it makes to students and their families. The Company also operates a consumer savings network that provides financial rewards on everyday purchases to help families save for college.
Lennar Corporation (NYSE:LEN), ended its Thursday’s trading session with 0.64% gain, and closed at $50.12.
Lennar Corporation, stated results for its third quarter ended August 31, 2015. Third quarter net earnings attributable to Lennar in 2015 were $223.3 million, or $0.96 per diluted share, contrast to third quarter net earnings attributable to Lennar in 2014 of $177.8 million, or $0.78 per diluted share.
Stuart Miller, Chief Executive Officer of Lennar Corporation, said, “During the third quarter, the housing market continued to improve in its slow and steady manner, as demonstrated in the past few years. The new home and rental markets continued to have noteworthy pent-up demand, which positions us well for years to come. This demand is driven primarily by a large production deficit built up over the last several years, an increasing millennial population, reasonable affordability levels and high-rental occupancy rates.”
Lennar Corporation is a real estate company. The Company is a homebuilder, a provider of real estate-related financial services, a commercial real estate investment, investment management and finance company. It operates under Homebuilding Operations, Lennar Financial Services, Rialto and Lennar Multifamily segments.
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