On Thursday, Capitol Federal Financial, Inc. (NASDAQ:CFFN)’s shares inclined 0.84% to $12.00.
Capitol Federal® Financial, Inc. (CFFN) (the “Company”) declared that it has accomplished its current stock repurchase plan. The plan, declared in November 2012, authorized the repurchase of up to $175.0 million in stock. In total, the Company repurchased 14.6 million shares at an average price of $11.95 per share, or $175.0 million. As of September 3, 2015, the Company had 137.1 million shares of stock outstanding. This repurchase plan, coupled with our first repurchase plan of $193.0 million, has resulted in total share repurchases of $368.0 million since the Company accomplished its second-step conversion in December 2010. Subsequent to the completion of this repurchase plan, Capitol Federal Financial, Inc., at the holding company level, had $74.0 million on deposit at the Bank.
The Company’s administration and board will consider a new stock buyback program as they consider the Company’s capital administration program.
Capitol Federal Financial, Inc. operates as the holding company for Capitol Federal Savings Bank that provides a range of retail banking products and services in the United States. The company accepts various deposits products comprising savings accounts, money market accounts, interest-bearing and non-interest-bearing checking accounts, and certificates of deposits.
Thoratec Corporation (NASDAQ:THOR)’s shares gained 0.17% to $63.24.
Thoratec Corporation (THOR), a world leader in mechanical circulatory support therapies to save, support and restore failing hearts, declared recently that it has begun enrollment in the SHIELD II U.S. clinical trial examining the HeartMate PHP™ in patients undergoing a high-risk PCI (percutaneous coronary intervention) procedure. The first case was performed by interventional cardiologist Dr. Robert Pyo at Montefiore Medical Center. “SHIELD II is off to an encouraging start as the HeartMate PHP was easily deployed and offered compriseent hemodynamic stability during the first case,” said Dr. Ulrich Jorde, Vice Chief of Cardiology and Section Head of Heart Failure, Cardiac Transplantation, and Mechanical Circulatory Support at Montefiore Medical Center, Albert Einstein College of Medicine, New York.
“SHIELD II marks the starting of our clinical experience with PHP in the large and important U.S. market,” said D. Keith Grossman, President and Chief Executive Officer. “We look forward to the noteworthy clinical data predictable from SHIELD II and the ultimate commercialization of PHP in the U.S.,” he added.
Thoratec Corporation, together with its auxiliaries, develops, manufactures, and markets proprietary medical devices used for mechanical circulatory support for the treatment of heart failure patients. The company’s primary product lines comprise ventricular assist devices, counting HeartMate II, an implantable, electrically powered, continuous flow, left ventricular assist device (LVAD) comprising of a rotary blood pump designed to provide intermediate and long-term mechanical circulatory support (MCS); CentriMag an extracorporeal circulatory support device that provides hemodynamic stabilization in patients in need of cardiopulmonary support.
At the end of Thursday’s trade, Fiserv Inc (NASDAQ:FISV)‘s shares surged 0.95% to $85.92.
Fiserv, Inc. (FISV), a leading global provider of financial services technology solutions, declared recently that Georgia’s Own Credit Union, based in Atlanta, has expanded its relationship with Fiserv by selecting DNA™ and more than a dozen additional solutions to support the credit union’s growth in new commercial services and lending markets. The technology from Fiserv will drive an improved member experience at the $1.9 billion credit union by streamlining operations and accelerating the speed-to-market cycle for new products and services.
A Fiserv client for over 20 years, Georgia’s Own is an 81-year-old full-service financial institution and the fourth-largest credit union in Georgia based on assets. By expanding its relationship with Fiserv the credit union gains a customizable, open-architecture technology foundation through DNA, enabling stronger integration of third-party solutions while supporting the development and launch of new products and services for its growing base of retail and business members. DNA also provides real-time processing with 360-degree views of member relationships to drive a more personalized experience for the about 185,000 members at Georgia’s Own.
Fiserv, Inc., together with its auxiliaries, provides financial services technology worldwide. The company’s Payments and Industry Products segment provides debit, credit, and prepaid card processing and services; electronic bill payment and presentment services; Internet and mobile banking software and services; person-to-person payment services; and other electronic payments software and services.
Navistar International Corp (NYSE:NAV), ended its Thursday’s trading session with 0.66% gain, and closed at $18.32.
The U.S. Army Contracting Command has awarded Navistar Defense a $369 million contract to provide 2,293 Medium Tactical Vehicles (MTVs) to build upon the Afghanistan National Security Force’s (ANSF) MTV Fleet. Production will commence right away, with deliveries starting in January 2016 and concluding in 2019.
Production of the MTVs for ANSF will occur at Navistar’s assembly plants located in Springfield, Ohio and West Point, Mississippi.
Navistar International Corporation manufactures and sells commercial and military trucks, diesel engines, and school and commercial buses; and provides service parts for trucks and diesel engines worldwide. It operates through four segments: North America Truck, North America Parts, Global Operations, and Financial Services. The company manufactures and distributes Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, military vehicle, and student and commercial transportation markets under the International and IC brands; and designs, engineers, and produces sheet metal components, counting truck cabs.
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