Fin Stocks Outlines; Vereit Inc (VER), Lloyds Banking Group PLC (LYG)
Shares of Vereit Inc (NYSE:VER) ended Wednesday session in red amid volatile trading. The shares closed down -0.08 points or -0.83% at $9.52. Post opening the session at $9.65, the shares hit an intraday low of $9.51 and an intraday high of $9.84 and the price vacillated in this range throughout the day. The company has a market cap of $9.14 billion and the numbers of outstanding shares have been calculated to be 965.19 million shares.
Vereit Inc (VER) owns and acquires single tenant, freestanding commercial real estate that is net leased on a medium-term basis, primarily to investment grade credit rated and other creditworthy tenants. The company principally invests in retail and office properties. It was formerly known as American Realty Capital Properties, Inc. VEREIT, Inc. was founded in 2010 and is based in Phoenix, Arizona.
Shares of Lloyds Banking Group PLC (ADR) (NYSE:LYG) ended Wednesday session in green amid volatile trading. The shares closed up +0.02 points or 0.74% at $2.73 with 2.50 million shares getting traded. Post opening the session at $2.72, the shares hit an intraday low of $2.71 and an intraday high of $2.76 and the price vacillated in this range throughout the day. The company has a market cap of $49.05 billion and the numbers of outstanding shares have been calculated to be 71.37 billion shares.
Lloyds Banking Group PLC (ADR) (LYG) provides banking and financial services to individual and business customers in the United Kingdom and internationally. The company operates through four segments: Retail, Commercial Banking, Consumer Finance, and Insurance. The Retail segment offers a range of financial service products, including current accounts, savings, personal loans, and mortgages to wealth and small business customers; and distributes insurance, protection and credit cards, and a range of long-term savings and investment products. The Commercial Banking segment provides lending, transactional banking, working capital management, risk management, and debt capital markets services, as well as private equity financing to various clients comprising small and medium-sized companies, mid-markets, corporates, and financial institutions.