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Monday 12 October 2015
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Friday’s Trade Stocks Recap: EMC Corporation (NYSE:EMC), Citizens Financial Group Inc (NYSE:CFG), Merck & Co., Inc. (NYSE:MRK), SLM Corp (NASDAQ:SLM)

On Friday, EMC Corporation (NYSE:EMC)’s shares declined -2.51% to $24.08.

EMC Corporation (EMC) declared it has been named for the 5th successive year to the Dow Jones Sustainability Index (DJSI) North America as a result of its corporate sustainability leadership in the technology industry.

The Dow Jones Sustainability Indices are maintained collaboratively by S&P Dow Jones Indices, one of the world’s leading providers of financial market indices, and RobecoSAM, the investment specialist focused exclusively on Sustainability Investing. The indices measure the performance of the world’s sustainability leaders. RobecoSAM invites more than 3,400 publicly traded companies, counting 800 companies in emerging markets, to report annually on their sustainability practices. Companies are selected based on a comprehensive assessment of long-term economic, environmental and social criteria with a strong focus on long-term shareholder value that account for general in addition to industry-specific sustainability trends. Only firms that lead their industries based on this assessment are comprised of in the indices. The indices are created and maintained according to a systematic methodology, allowing investors to appropriately benchmark sustainability-driven funds and derivatives over the long term.

EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. It offers enterprise storage systems and software deployed in storage area netoperates (SAN), networked attached storage (NAS), unified storage combining NAS and SAN, object storage, and/or direct attached storage environments, in addition to provides a portfolio of backup products that support a range of enterprise application workloads.

Citizens Financial Group Inc (NYSE:CFG)’s shares dropped -1.21% to $23.75.

Citizens Financial Group (CFG) declared its plans to release third quarter 2015 results on Friday, October 23 at 7:00 am ET.

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.

At the end of Friday’s trade, Merck & Co., Inc. (NYSE:MRK)‘s shares dipped -3.49% to $52.08.

MSD, known as Merck (MRK) in the United States and Canada, recently declared that omarigliptin, MSD’s investigational once-weekly DPP-4 inhibitor in development for adults with type 2 diabetes, achieved its primary efficacy endpoint in a Phase 3 study. Omarigliptin was found to be non-inferior to MSD’s once-daily DPP-4 inhibitor, JANUVIA® (sitagliptin), at reducing patients’ HbA1c* levels from baseline, with similar HbA1c reductions achieved in both groups. The head-to-head study was designed to evaluate once-weekly treatment with omarigliptin 25 mg contrast to 100 mg of JANUVIA once daily, a widely prescribed DPP-4 inhibitor worldwide. Results were presented during an oral session at the 51st European Association for the Study of Diabetes (EASD) Annual Meeting.

MSD presented a new drug application to the Japanese Pharmaceuticals and Medical Devices Agency in November 2014 and plans to submit for regulatory approval of omarigliptin in the United States by the end of 2015. The clinical development program for omarigliptin, O-QWEST (Omarigliptin Q Weekly Efficacy and Safety in Type 2 Diabetes), comprises 10 Phase 3 clinical trials involving about 8,000 patients with type 2 diabetes.

Merck & Co., Inc. provides health care solutions worldwide. The company offer therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases.

SLM Corp (NASDAQ:SLM), ended its Friday’s trading session with 0.12% gain, and closed at $8.11.

Sallie Mae, the nation’s saving, planning and paying for college company, declared a new, simple way to save for college: Upromise AimSaver. Upromise AimSaver is a free, no fee, FDIC-insured online savings account that allows families to save for college, and other aims, all in one place. Upromise AimSaver rewards account holders with a competitive 0.80 annual percentage yield, accessible annual cash back bonuses and Upromise rewards.

According to How America Saves for College 2015, a study by Sallie Mae and Ipsos, the overwhelming majority of families agree college is an important and worthwhile investment, yet fewer than half are saving for college. Many families are apprehensive and overwhelmed when it comes to saving for college and unclear on how to get started. The same study also found, however, that those families who set a aim are more motivated and more likely to put money aside to meet that aim.

SLM Corporation, together with its auxiliaries, operates as a saving, planning, and paying for education company in the United States. The company offers private education loans to students and their families.

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