On Monday, NRG Energy Inc (NYSE:NRG)’s shares declined -8.90% to $16.38.
NRG Energy, Inc. (NRG) declared the next phase of the 2015 Capital Allocation Plan with authorization to repurchase $251 million of its common stock, comprised of $51 million remaining from the previously announced share repurchase program and an additional $200 million. The authorization will be implemented through a 10b5-1 trading plan immediately.
The purchase of common stock will be made using cash on hand and may be made from time to time as market conditions warrant and subject to regulatory considerations. This action does not foreclose the possibility of further or different capital allocation actions in the future.
NRG Energy, Inc., together with its auxiliaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, and on-site energy solutions; carbon administration and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset administration services. It owns and operates about 52,000 MWs of generation.
Metlife Inc (NYSE:MET)’s shares gained 0.82% to $46.90.
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.
Kohl’s Corporation (NYSE:KSS), ended its Monday’s trading session with -0.10% loss, and closed at $49.16.
Kohl’s (KSS) anticipates hiring more than 69,000 associates nationwide this holiday season to support seasonal business in stores and growth on Kohls.com.
Kohl’s anticipates hiring an average of 50 associates per store to provide customers with excellent service throughout the holiday season at its 1,166 stores in 49 states. In addition, the company anticipates hiring about 9,500 seasonal positions at distribution and e-commerce fulfillment centers across the country and about 660 seasonal credit operations positions.
Kohl’s is now offering customers the option to buy online at Kohls.com and pick up their order in store at all Kohl’s locations across the country. Seasonal associates will assist in fulfilling those orders, as well as Kohls.com orders designated to ship from stores direct to Kohl’s customers. Seasonal associates in stores also assist with freight processing and customer service on the sales floor and at the point of sale.
Kohl’s Corporation operates department stores in the United States. It offers private label, exclusive, and national brand apparel, footwear, accessories, beauty, and home products to children, men, and women customers.
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