Shares of Discover Financial Services (NYSE:DFS) ended Friday session in red amid volatile trading. The shares closed down -0.60 points or -1.04% at $57.09 with 403.63 million shares getting traded. Post opening the session at $57.36, the shares hit an intraday low of $56.92 and an intraday high of $57.50 and the price vacillated in this range throughout the day. The company has a market cap of $22.45 billion and the numbers of outstanding shares have been calculated to be 403.63 million shares.
On September 15, 2016 Diners Club International Ltd., subsidiary of Discover Financial Services (DFS),as part of Discover Global Network, and JSC Kazkommertsbank, one of the largest acquirers and credit card issuers in Kazakhstan, will commence Diners Club card business operations in Kazakhstan.
Kazkommertsbank will be the exclusive acquirer in Kazakhstan for Diners Club and other cards issued on Discover Global Network, which is made up of Discover Network, Diners Club and PULSE. The deal will enable acceptance at over 42,000 POS-terminals and 2,266 ATM locations throughout the country. Kazkommertsbank will also be the exclusive issuer of Diners Club cards in Kazakhstan, and is expected to begin issuing cards later this year.
“Kazakhstan is in a prime location for facilitating trade among countries throughout Asia and Europe, making it a pivotal country to help increase Diners Club’s presence in the region,” said Matt Sloan, managing director, Discover – Europe, Middle East and Africa. “Working with Kazkommertsbank will not only expand our global footprint, it will also allow Discover Global Network cardholders to use their cards throughout the country.”
“Our collaboration with Diners Club is another step toward the integration of Kazakhstan into the global economy, which increases the growth of tourism potential in our country,” said Nurlan Zhagiparov, managing director, Kazkommertsbank. “In the near future, Kazakhstan will become more attractive to foreign visitors thanks to significant events such as The Universiade 2017 and EXPO-2017. Expecting a great inflow of foreign tourists and business travelers, we try to provide them with the comfort they are accustomed to in settlements and payments. The additional benefit from collaboration with Diners Club is that the holders of cards issued for local payment systems of India, South Korea and certain other countries could be serviced via Discover Global Network. Which means that upon arrival to Kazakhstan they would be able to use their cards.”
Shares of Prudential Financial Inc (NYSE:PRU) ended Friday session in red amid volatile trading. The shares closed down -1.03 points or -1.28% at $79.42 with 438.74 million shares getting traded. Post opening the session at $79.86, the shares hit an intraday low of $78.99 and an intraday high of $80.04 and the price vacillated in this range throughout the day. The company has a market cap of $34.34 billion and the numbers of outstanding shares have been calculated to be 438.74 million shares.
Prudential Financial Inc (PRU) on September 15, 2016 recognized by the Dave Thomas Foundation for Adoption on the organization’s 2016 Best Adoption-Friendly Workplaces List.
“We are honored to be recognized as a top adoption-friendly company for more than a decade,” says Maureen Corcoran, vice president of Health, Life and Inclusion. “Prudential’s adoption and foster care benefits demonstrate a commitment to helping employees build their families in a diversity of ways.”
Supporting New Parents
Prudential employees are reimbursed up to $10,000 per adopted child and receive up to 26 weeks of parental leave. There is no limit on the number of adoptions that can be covered in a year or career. In addition, Prudential offers counseling services and referral programs to help employees through the adoption process. For employees who are foster parents, the company also provides $1,000 per calendar year for new, foster care placements.
The announcement of the 2016 100 Best Adoption-Friendly Workplaces list precedes National Adoption Month, a collective campaign to raise awareness of the children in foster care waiting to get adopted.
Since 2007, the Dave Thomas Foundation for Adoption has compiled an annual list of the top adoption-friendly workplaces. Listed companies are determined by an analysis of financial assistance and paid leave for families who adopt, based on surveys completed by employers.
“We’re committed to dramatically increasing the number of adoptions from foster care, and commend all employers who support families – especially those that grow their families through adoption,” said Rita Soronen, president and CEO of the Foundation. “We are so grateful to every company that has adoption-friendly benefits in place, and we’re honored to recognize them as an Adoption-Friendly Workplace.”