On Friday, Discover Financial Services (NYSE:DFS)’s shares inclined 0.24% to $58.30.
Discover Financial Services (DFS) is stepping up with another cash rewards innovation. Starting recently, Discover is extending an exclusive offer to new Discover it® cardmembers that doubles all of the cash rewards they’ve earned at the end of their first year for accounts that are open at the time of doubling. There are no limits on how much a cardmember can earn, and they can redeem in any amount, any time, and their rewards never expire.1
In addition to having no annual fee2 on its cards, Discover continues to offer benefits that assist consumers protect themselves from fraud and view their FICO® Credit Score. In April, Discover introduced Freeze ItSM– an on/off switch that cardmembers access on their mobile app and online to prevent new purchases, cash advances and balance transfers in seconds if they misplace their card. Last year, Discover was the first major credit card to give cardmembers their FICO® Credit Scores for free on monthly statements and online.3
Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, counting private student loans, personal loans, home loans, home equity loans, prepaid cards, and other consumer lending, in addition to deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit.
NextEra Energy Inc (NYSE:NEE)’s shares dropped -1.59% to $98.77.
FPL is a partner of Juno Beach, Fla.-based NextEra Energy Inc (NEE). Florida Power & Light and Florida International University (FIU) declared a new partnership to build a commercial-scale distributed solar power facility that will both generate electricity for FPL’s 4.8 million customers and serve as an innovative research operation.
The project involves the installation of more than 5,700 solar panels on 23 canopy-like structures that will be built this summer in the parking lot of the university’s Engineering Center, just north of FIU’s Modesto A. Maidique Campus. Using data from the 1.6-megawatt solar array, faculty and students from FIU’s College of Engineering and Computing will study the effects of distributed solar photovoltaic (PV) generation on the electric grid in real-life South Florida conditions.
When the sun is shining, the about 342,000-square-foot solar array will provide electricity for FPL customers via the electric grid. Over the course of a year, the installation is predictable to produce the equivalent of the amount of energy used by about 34,000 laptop computers. The canopy structures will also create about 600 shaded parking spaces.
NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.
At the end of Friday’s trade, UTi Worldwide Inc. (NASDAQ:UTIW)‘s shares surged 4.01% to $10.38.
UTi Worldwide Inc. (UTIW) stated financial results for its fiscal 2016 first quarter ended April 30, 2015.
Fiscal First Quarter 2016 vs. Fiscal First Quarter 2015 Results
- Revenues reduced 6.8% to $973.3 million from $1,043.9 million
- Net revenues (revenues minus purchased transportation costs) reduced 10.8% to $329.5 million from $369.4 million
- On a constant currency basis, revenues raised 0.7% and net revenues reduced 3.1%, respectively
- Net loss attributable to UTi Worldwide Inc. reduced to $33.3 million from $43.7 million
- Diluted loss per share reduced to $0.35 from $0.44 per diluted common share
- Earnings before interest, taxes, depreciation and amortization, not taking into account severance and other items set out in the reconciliation comprised of with this press release (Adjusted EBITDA), reduced to $8.0 million from $18.2 million
Fiscal First Quarter 2016 vs. Fiscal Fourth Quarter 2015 Results
- Revenues raised 0.9% to $973.3 million from $964.6 million
- Net revenues raised 5.5% to $329.5 million from $312.2 million
- On a constant currency basis, revenues and net revenues raised 4.1% and 9.1%, respectively
UTi Worldwide Inc. operates as a non-asset-based supply chain services and solutions company. It operates through two segments, Freight Forwarding, and Contract Logistics and Distribution.
Viacom, Inc. (NASDAQ:VIAB), ended its Friday’s trading session with -0.01% loss, and closed at $68.06.
Viacom, Inc. (VIAB) revealed Anthony Anderson and Tracee Ellis Ross as hosts for this year’s “BET Awards” 2015 airing live on Sunday, June 28 at 8pm/ET on BET from the Nokia Theatre L.A. LIVE in Los Angeles, CA.
Viacom Inc. operates as an entertainment content company in the United States and internationally. The company creates television programs, motion pictures, short-form video, applications, games, consumer products, social media, and other entertainment content.
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