On Thursday, Fifth Third Bancorp (NASDAQ:FITB)’s shares declined -0.56% to $21.23.
Fifth Third Bank declared that it has extended more than $12 billion in new and renewed credit to business customers from April through June 2015. Fifth Third Bank loaned more than $8.5 billion to businesses throughout its footprint during the First Quarter of 2015.
Companies who have received loans from Fifth Third Bank during this time period comprise:
Assurance Operations Corp, a full service engineering and manufacturing solutions company specializing in metal fabrication, stamping applications and industrial packaging. The Lawrenceburg, TN based company secured acquisition financing and treasury administration services.
American Panel Corporation, a producer and distributor of commercial and military plane panels and technology and Manufacturing Resources International is a manufacturer and distributor of large digital display marketing units. The Alpharetta, Georgia based companies secured a line of credit, commercial real estate loan and other treasury administration services.
Fifth Third Bancorp operates as a diversified financial services company in the United States. It operates through four segments: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. The Commercial Banking segment offers credit intermediation, cash administration, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. The Branch Banking segment provides a range of deposit, loan, and lease products to individuals and small businesses.
Starz (NASDAQ:STRZA)’s shares dropped -5.70% to $35.87.
Starz ( STRZA) stated second quarter 2015 results. Highlights comprise (1):
Financial Highlights:
- Stated merged revenue of $417.7 million; Adjusted OIBDA(2)of $123.4 million; operating income of $110.5 million and fully diluted earnings per share of $0.59
- Starz Netoperates stated revenue of $333.3 million up 2%; Adjusted OIBDA of $122.2 million and operating income of $110.9 million were both comprising with preceding year results
Operating Highlights:
- Raised STARZ subscriptions by 1.5 million to 23.5 million since June 30, 2014
- STARZ Originals 2015 slate performing well; pipeline fortified
- “Power” returned for second season to record viewership performance(3)
- Most successful season premiere ever for a STARZ Original series
- Weekly top 3 scripted series on cable for African-Americans
- Season two average multiplatform viewership presently most-ever watched for a
STARZ Original series at 6.4 million viewers/episode - Renewed for season 3
- “Outlander” concluded first season to critical acclaim and popular appeal(4)
- Strength with female audiences
- Destination viewing choice on Saturday nights
- “Power” returned for second season to record viewership performance(3)
Starz, through its auxiliaries, operates as a media and entertainment company. It operates through Starz Netoperates, Starz Distribution, and Starz Animation segments. The Starz Netoperates segment provides premium subscription video programming to U.S. multichannel video programming distributors (MVPDs), counting cable operators, satellite television providers, and telecommunications companies. Its netoperates comprise Starz and Encore, which air film content, in addition to original series and specials without advertisements; and MoviePlex that offers various art house, independent films, and classic movie library content.
At the end of Thursday’s trade, Gold Fields Limited (ADR) (NYSE:GFI)‘s shares surged 1.65% to $2.46.
Gold Fields Limited (ADR) (GFI) said the U.S. Securities and Exchange Commission, which probed the producer’s sale of a stake in its South Deep mine under a South African program to expand black ownership, recommended no enforcement action be taken.
The SEC offered the notice under guidelines in a section of the Securities Act Release No. 5310, which states that the notice “must in no way be construed as indicating that the party has been exonerated or that no action may ultimately result from the staff’s investigation,” the Johannesburg-based company said in a statement Monday.
In August 2010, Gold Fields agreed to issue 600,000 shares to a black-owned group and allowed it to buy 10 percent of South Deep, the world’s largest gold deposit after Grasberg in Indonesia. Local law requires mining companies to sell or cede 26 percent of their operations to black citizens. The SEC investigated the transaction in the U.S., where investors trade Gold Fields via American depositary receipts.
Gold Fields Limited operates as a gold mining company. The company engages in the exploration, extraction, processing, and smelting of gold and copper properties. It holds interests in eight operating mines in South Africa, Ghana, Australia, and Peru. The company has total gold mineral reserves of about 48.1 million ounces and mineral resources of about 108.3 million ounces.
Public Service Enterprise Group Inc. (NYSE:PEG), ended its Thursday’s trading session with 1.00% gain, and closed at $41.60.
Public Service Enterprise Group Inc. (NYSE:PEG), is accepting applications from afterschool, summer and youth development programs to develop new or enhance existing STEM (Science, Technology, Engineering, and Math) educational opportunities for students. A total of up to $250,000 in grants will be awarded by the Foundation through its PSEG Science SPARK Partners funding program.
The PSEG Foundation will consider applications from our New Jersey service territory, in addition to Salem and Cumberland counties, and our service/operation territories in Long Island and Albany, NY, and Bridgeport and New Haven, CT.
The number of recipients and their award amount will be decided based on the strength of the proposals received, at the discretion of Foundation staff. Applications must be accomplished and presented by Friday, August 14 at 5 p.m. EST. All applicants will receive notification about funding decisions in late September.
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products that are used to optimize the operation of the energy grid. T
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