During Friday’s Morning trade, Shares of Citizens Financial Group Inc (NYSE:CFG), lost -1.77% to $ 26.01.
Citizens Financial Group, Inc. (CFG) declared that Citizens Bank, N.A. and Citizens Bank of Pennsylvania have raised their prime-lending rates to 3.50 percent from 3.25 percent, effective Thursday, December 17, 2015.
Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking.
Shares of JetBlue Airways Corporation (NASDAQ:JBLU), declined -0.13% to $22.70, during its current trading session.
JetBlue Airways Corporation, applauded a landmark civil aviation agreement that will allow planned air service to resume between the U.S. and Cuba.
JetBlue will submit its application for new routes to the U.S. Department of Transportation once the airline has fully reviewed terms of the agreement and has clarity on the process and timing of assigning frequencies to U.S. airlines.
“Interest in Cuba has reached levels not seen for a generation,” said Scott Laurence, senior vice president airline planning, JetBlue. “We will review the terms of the agreement to understand how JetBlue can expand from charter service to regularly planned service. Our years of experience in Cuba and unmatched customer experience positions JetBlue as the carrier of choice for travel to Cuba.”
Depending on the number of flight frequencies available to the airline, JetBlue is eager to offer affordable service from numerous U.S. cities to multiple destinations in Cuba.
JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 13 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 EMBRAER 190 aircrafts.
Finally, Navient Corp (NASDAQ:NAVI), lost -2.12%, and is now trading at $12.22.
Navient Corporation, declared that the Early Tender Date (as defined below) in respect of its formerly declared modified “Dutch Auction” tender offer (the “Offer”) for a portion of its outstanding 6.000% Medium Term Notes, Series A due January 25, 2017 (the “Notes”) expired at 5:00 p.m., New York City time, on December 15, 2015 (the “Early Tender Date”).
As of the Early Tender Date, Navient received valid tenders from holders of $434,760,000 in aggregate principal amount of the Notes at various bid prices within the acceptable bid price range of $1,022.50 to $1,032.50 per $1,000 principal amount. The aggregate amount of Notes validly tendered and not withdrawn at the Early Tender Date exceeded the Tender Cap ($350 million in aggregate principal amount of the Notes); therefore, Navient will accept for purchase $351,884,000 in aggregate principal amount of the Notes validly tendered in the Offer at the Clearing Price (as defined in the Amended Offer to Purchase (as defined below)). There will be a Clearing Price, without proration, and all Notes validly tendered at the Clearing Price will be accepted.
Navient Corporation provides financial products and services in the United States. The company operates in four segments: FFELP Loans, Private Education Loans, Business Services, and Other. It provides federal family education loan program (FFELP) loans and servicing for FFELP loan portfolio; and servicing and asset recovery services for loans on behalf of guarantors of FFELP loans, guaranty agencies, higher education institutions, the United States Department of Education, and other federal clients, in addition to states, courts, and municipalities.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
