Shares of U.S. Bancorp (NYSE:USB) ended Friday session in green amid volatile trading. The shares closed up +0.13 points or 0.30% at $44.16 with 4,257,445 shares getting traded. Post opening the session at $44.20, the shares hit an intraday low of $43.93 and an intraday high of $44.22 and the price vacillated in this range throughout the day. The company has a market cap of $75.80 billion and the numbers of outstanding shares have been calculated to be 1.72 billion shares.
Minneapolis-based U.S. Bancorp (USB), with $428 billion in assets as of June 30, 2016, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,122 banking offices in 25 states and 4,923 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.
Shares of National Retail Properties, Inc. (NYSE:NNN) ended Friday session in green amid volatile trading. The shares closed up +0.90 points or 1.80% at $50.82 with 849,238 shares getting traded. Post opening the session at $50.16, the shares hit an intraday low of $50.16 and an intraday high of $51.60 and the price vacillated in this range throughout the day. The company has a market cap of $7.61 billion and the numbers of outstanding shares have been calculated to be 147.00 million shares.
National Retail Properties, Inc. (NNN) on Aug. 19, 2016 announced that Pamela K. M. Beall and Steven D. Cosler were appointed to the Board of Directors.
“We are excited to add Pam and Steve to our Board. Pam’s financial expertise and Steve’s extensive management experience will make each of them an excellent addition. They both bring a broad depth of business skill and prior board experience that will complement our other directors,” said Craig Macnab, Chairman and Chief Executive Officer.
Ms. Beall has an extensive background in finance and corporate risk. She is Executive Vice President Corporate Planning and Strategy of MPLX LP and is a director on the board of its general partner, MPLX GP LLC., a subsidiary of Marathon Petroleum Corporation (MPC), which is a Fortune 50 public company. MPLX LP, a publicly traded master limited partnership, is one of the largest petroleum pipeline companies and natural gas processors in the United States. Previously, she held the positions of Senior Vice President of Corporate Planning, Government and Public Affairs of MPC and President of MPLX. Ms. Beall currently serves on the board of trustees of the University of Findlay, and as a member of the executive, audit, business affairs and capital campaign committees. Ms. Beall received a Bachelor of Science, Accounting degree from the University of Findlay, and a Master of Business Administration from Bowling Green State University, and is a non-practicing Certified Public Accountant.
Mr. Cosler has a wide-ranging executive management background. He is an Operating Partner with Water Street Healthcare Partners, a private equity firm focused exclusively on the healthcare industry. Prior to Water Street, Mr. Cosler was President and Chief Executive Officer of Priority Healthcare Corporation, a Fortune 1000 company that distributed and managed biopharmaceutical therapies until its acquisition by Express Scripts. He also held executive positions with CoreSource, Inc., one of the nation’s largest healthcare administrators and achieved a distinguished career at IBM Corporation. Mr. Cosler currently serves as a director on four Water Street portfolio company boards, including New Century Health where he serves as Chairman. He also served as lead director of Catamaran Corporation, one of the largest pharmacy benefit managers in the healthcare industry until its acquisition by United Healthcare in July, 2015. Among his civic contributions, Mr. Cosler co-founded and serves as the Chairman of Elevate Indianapolis, a non-profit organization focused on advancing urban youth. He received a Bachelor’s degree in Industrial Management from Purdue University.