On Thursday, Total System Services, Inc. (NYSE:TSS)’s shares inclined 0.93% to $45.62.
TSYS® (TSS) and Acquirer Systems declared the launch of ASTREX, a new testing solution that simplifies the EMV® certification process for both Value-Added Resellers (VARs) and Integrated Software Vendors (ISVs). Developers can now use a streamlined approach to integrate with TSYS’ current testing environment, where ASTREX provides a robust card brand simulation tool with real-time results. The efficient testing functionality cuts EMV certification time in half.
As an EMV payments simulation platform, developers can test a full range of transactions and network scenarios. This powerful and comprehensive testing solution eliminates complex integration steps with its scalability, and also reduces overall EMV implementation costs. ASTREX gives VARs and ISVs the peace of mind that their POS solutions will qualify for EMV certification on the first attempt.
Total System Services, Inc. provides electronic payment processing services to banks and other financial institutions in the United States, Europe, Canada, Mexico, and internationally. It operates through four segments: North America Services, International Services, Merchant Services, and NetSpend. The company offers account processing and output services, counting processing the card application, initiating service for the cardholder, processing card transaction for the issuing retailer or financial institution, and accumulating the account’s transactions.
Eaton Vance Corp(NYSE:EV)’s shares gained 0.09% to $33.61.
Eaton Vance closed-end funds (the “Funds”) declared distributions
These Funds make distributions in accordance with a managed distribution plan. Under the managed distribution plan, a Fund issues a notice to shareholders and a press release containing information about the amount and sources of the distribution and other related information on payment date of the distribution. A Fund’s distributions in any period may be more or less than the net return earned by the Fund on its investments, and therefore should not be used as a measure of performance or confused with “yield” or “income.” Distributions in excess of Fund returns will cause its net asset value to erode. Investors should not draw any conclusions about a Fund’s investment performance from the amount of its distribution or from the terms of its managed distribution plan.
The Distribution Rate at Market Price is based on the Fund’s most recent regular distribution per share (annualized) divided by the Fund’s market price at the end of the period. The Fund’s distribution may be comprised of ordinary income, net realized capital gains and returns of capital. A Fund’s distribution rate may be affected by numerous factors, counting changes in realized and projected market returns, Fund performance and other factors. There can be no assurance that an unanticipated change in market conditions or other unforeseen factors will not result in a change in a Fund’s distribution rate at a future time.
Eaton Vance Corp., through its auxiliaries, engages in the creation, marketing, and administration of investment funds in the United States. It also provides investment administration and counseling services to institutions and individuals. Further, the company operates as an adviser and distributor of investment companies and separate accounts.
At the end of Thursday’s trade, Pattern Energy Group Inc(NASDAQ:PEGI)‘s shares surged 3.05% to $22.63.
Pattern Energy Group Inc. (PEGI) declared it has accomplished the acquisition of the remaining 170 megawatt (MW) ownership interests in the 283 MW Gulf Wind power facility in Kenedy County, Texas from Pattern Energy Group LP (“Pattern Development”) and MetLife Capital LP.
The Gulf Wind facility comprises of 118 wind turbines and has the capacity to generate 283 MW of energy, the power equivalent to the annual energy usage of about 80,000 Texas homes.
Pattern Energy Group Inc., an independent power company, owns and operates power projects in the United States, Canada, and Chile. As of March 2, 2015, the company owned interests in 12 wind power projects with the capacity of 1,636 megawatts. It sells electricity primarily to local utilities. Pattern Energy Group Inc. was founded in 2012 and is headquartered in San Francisco, California.
OFG Bancorp (NYSE:OFG), ended its Thursday’s trading session with -1.07% loss, and closed at $8.75.
OFG Bancorp (OFG) declared that its Board of Directors declared the following regular quarterly cash dividends on its preferred stock for the third quarter ending September 30, 2015:
- $21.875 per share on its 8.750% Non-Cumulative Convertible Perpetual Preferred Stock, Series C (CUSIP:67103X706)
- $0.4453125 per share on its 7.125% Non-Cumulative Perpetual Preferred Stock, Series D (CUSIP:67103X409)
Preferred stock dividends are payable on October 15, 2015, to holders of record on October 1, 2015, with an ex-dividend date of September 29, 2015.
OFG Bancorp, a financial holding company, provides various banking and financial services primarily in Puerto Rico. It operates in three segments: Banking, Wealth Administration, and Treasury. The Banking segment offers checking and savings accounts; mortgage, commercial, and consumer lending products; financial planning, insurance, financial service, and investment brokerage; and corporate and individual trust and retirement services.
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