Shares of BB&T Corporation (NYSE:BBT) ended Wednesday session in red amid volatile trading. The shares closed down -0.34 points or -0.90% at $37.43 with 3.95 million shares getting traded. Post opening the session at $37.73, the shares hit an intraday low of $37.37 and an intraday high of $37.84 and the price vacillated in this range throughout the day. The company has a market cap of $29.75 billion and the numbers of outstanding shares have been calculated to be 814.50 million shares.
On Aug. 30, 2016 – As students begin the 2016-17 school-year, BB&T announced the expansion of its Financial Foundations program, powered by EverFi, from 10 to 15 states. The web-based program successfully teaches high school students how to comprehend and work with the principles of personal finance at no cost to schools or taxpayers.
Since its implementation in 2010, more than 326,000 students have taken the BB&T Financial Foundations course. It is used in more than 1,000 schools where students have logged more than 914,300 hours of learning. After taking the BB&T Financial Foundations course, students on average increased their test score to 88 percent from 47 percent, or improved to a B+ from an F. In addition, students’ understanding of how to maintain a positive credit score nearly doubled, and their comprehension of how to apply for financial aid to help pay for college increased 85 percent.
The state-of-the-art, web-based learning platform consists of 3-D gaming and simulated environments, avatars, Twitter-like messaging tools and videos. The program, which is incorporated into existing school curriculum, teaches high school juniors and seniors financial concepts integrated in nine basic online modules.
“Throughout the year, we have all learned lessons that we will carry throughout our lives. From starting college, having children, and starting 401(k) plans,” said Aida Siegal, a 2016 Stranahan High School Senior in Ft. Lauderdale, Fla. “Through BB&T Financial Foundations, we now have a base of financial literacy education.”
The curriculum includes topics such as credit scores, savings and investments, 401(k) offerings, stock exchanges, mortgages, the Federal Reserve, taxes and insurance. In addition, the program allows instructors to track individual and group performance. Upon completion, students are BB&T/EverFi certified and receive a certificate during a formal ceremony.
“Student reception to BB&T Financial Foundations has been overwhelmingly positive,” said Brittany Brown, BB&T Student Leadership Program manager. “At all levels, students have a real desire to better understand how to manage their personal finances, take control of their financial future and become smart consumers and investors.”
Shares of Navient Corp (NASDAQ:NAVI) ended Wednesday session in red amid volatile trading. The shares closed down -0.24 points or -1.74% at $13.56 with 3.86 million shares getting traded. Post opening the session at $13.78, the shares hit an intraday low of $13.42 and an intraday high of $13.87 and the price vacillated in this range throughout the day. The company has a market cap of $4.12 billion and the numbers of outstanding shares have been calculated to be 318.00 million shares.
On Sept. 06 The phones will ring off the hook at Nemours/Alfred I. DuPont Hospital for Children, as the local hospital hosts its sixth annual Help Our Kids radiothon this week. Serving 125,000 children annually in the Delaware Valley, the nonprofit children’s health organization is dedicated to providing leadership, institutions and services to restore and improve the health of children through care and programs with high standards of quality and distinction, regardless of the recipient’s financial status.
Navient Foundation, the company-sponsored philanthropic fund, awarded a $6,000 grant to Nemours Foundation to help support the hospital and sponsor the upcoming radiothon.
Since 2010, Nemours/Alfred I. DuPont Hospital for Children has hosted its annual Help Our Kids radiothon, where seven local radio stations will broadcast live from the hospital, interviewing patients, physicians, nurses and others, while encouraging listeners to phone in and make donations.
“Here at Nemours/Alfred I. duPont Hospital for Children, we are so grateful for Navient’s constant support,” said Marie Hiddemen, associate director, Nemours Foundation. “Navient Foundation’s grants and sponsorship of the Help Our Kids radiothon are truly appreciated and makes a difference in the lives of the children and families we serve. We are glad to be able to partner with such a community-minded company that gives volunteer hours in addition to monetary donations.”
Sponsored by Delmarva Broadcasting, the 2016 Help Our Kids radiothon will take place on Sept. 7 and 8 and will run from 6:00 a.m. to 6:00 p.m. Navient employees will join about 140 volunteers on the staff donation lines during the two-day event.
“Year after year, donations received during the Help Our Kids radiothon helps to assist children in need while also bringing the community together,” said Sheila Ryan-Macie, senior vice president, Navient. “We are delighted to support the radiothon again this year.”, 2016