On Monday, in the course of current trade, Shares of Discover Financial Services (NYSE:DFS), climbed 0.68%, and is now trading at $59.56.
The Board of Directors of Discover Financial Services declared a quarterly cash dividend on its Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of $16.25 per share. The dividend equals $0.40625 per depositary share, each representing 1/40th interest in a share of the Series B Preferred Stock. The dividend will be payable on September 1, 2015, to the holders of record at the close of business on August 17, 2015.
The Board of Directors also declared a quarterly cash dividend of $0.28 per share of common stock payable on August 20, 2015, to holders of record at the close of business on August 6, 2015.
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.
During an Afternoon trade, Shares of Freescale Semiconductor Ltd (NYSE:FSL), dipped -0.42%, and is now trading at $37.60.
Freescale Semiconductor is declaring a pre-certified Thread networking stack, compliant to the R1.0 specification released to Thread Group members, which will usher in a new level of compelling solutions for the connected home. Freescale’s pre-certified Thread stack carries IP from the cloud to end devices, providing a simpler and more efficient way of connecting devices in the home. The stack is architected to support a comprehensive set of microcontrollers, microprocessors, connectivity solutions and sensors that provide optimized solutions for the various types of Internet of Things applications in the home.
As a founding member of Thread Group, Freescale launched its Beta program in November last year and is presently working with select Beta customers to assist them bring products to market quickly. General availability for Freescale’s certified Thread stack is planned for September, when the test harness is complete and the Freescale Thread stack has been fully validated.
Freescale Semiconductor, Ltd. provides embedded processors worldwide. The company’s products comprise microcontrollers, ranging from 8-bit products to higher performance 16-bit and 32-bit products with on-board flash memory, which provide the digital logic or intelligence for electronic applications and controlling electronic equipment or analyzing sensor inputs; single-and multi-core microprocessors; and applications processors with embedded memory, and special purpose hardware and software for multimedia applications.
Shares of Assured Guaranty Ltd. (NYSE:AGO), during its Monday’s current trading session fell -2.87%, and is now trading at $ 24.37.
Bond insurance auxiliaries of Assured Guaranty Ltd. and other bond insurers will purchase $128 million of interest bearing bonds from the Puerto Rico Electric Power Authority (PREPA). The bond proceeds will replenish a portion of PREPA operating funds used to make the full $416 million payment of principal and interest due to its bondholders on July 1, 2015.
“This interim solution allows PREPA to make the planned principal and interest payments due July 1, giving all parties time to negotiate a permanent, consensual restructuring,” said Dominic Frederico, President and CEO. “Regardless of future developments, debt service payments to holders of Assured Guaranty-insured PREPA bonds remain protected by our guaranty.”
Assured Guaranty Ltd., through its auxiliaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally.
Finally, UBS Group AG (NYSE:UBS), lost -0.13% Monday.
UBS Investment Bank, declared coupon payments for eighteen ETRACS exchange-traded notes (the “ETNs”), all traded on the NYSE Arca.
UBS Group AG, together with its auxiliaries, provides wealth administration, retail and corporate, asset administration, and investment banking products and services worldwide. The company’s Wealth Administration division provides financial services to wealthy private clients.
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