Shares of WisdomTree Investments, Inc. (NASDAQ:WETF) ended Friday session in red amid volatile trading. The shares closed down -0.19 points or -1.85% at $10.09 with 2.50 million shares getting traded. Post opening the session at $10.19, the shares hit an intraday low of $10.00 and an intraday high of $10.27 and the price vacillated in this range throughout the day. The company has a market cap of $1.37 billion and the numbers of outstanding shares have been calculated to be 136.58 million shares.
On Aug. 30, 2016 WisdomTree Investments, Inc. (NASDAQ:WETF) announced that it was named to Forbes’® List of “America’s 50 Most Trustworthy Financial Companies” for 2016.
The list is developed for Forbes by MSCI ESG Research. The independent research firm conducts an independent survey and assessment that measures the accounting and governance behaviors of nearly 700 publicly-traded North American financial companies with market caps of $250 million or greater, for the year ending December 31, 2015. The financial companies are ranked on the following factors as indicators of a company’s credibility: high-risk events, revenue and expense recognition methods, SEC actions and bankruptcy risk. Companies on this list also scored above a 5 out of 10 against criteria established by MSCI ESG to track governance considerations.
“We are honored to have been named to Forbes’® 2016 List of ‘America’s 50 Most Trustworthy Financial Companies,’” said Jonathan Steinberg, WisdomTree CEO and President. “This recognition underscores WisdomTree’s commitment to raising the standard of transparency in financial services through the exchange-traded funds we offer, as well as our unrivaled corporate operating disclosure.”
Shares of SLM Corp (NASDAQ:SLM) ended Friday session in red amid volatile trading. The shares closed down -0.11 points or -1.46% at $7.41 with 2.48 million shares getting traded. Post opening the session at $7.44, the shares hit an intraday low of $7.39 and an intraday high of $7.52 and the price vacillated in this range throughout the day. The company has a market cap of $3.13 billion and the numbers of outstanding shares have been calculated to be 428.10 million shares.
On September 7, 2016 Employees from Sallie Mae — the nation’s saving, planning, and paying for college company — successfully hauled a jumbo jet down an Indianapolis International Airport runway in the Special Olympics Indiana 2016 Plane Pull® Challenge, raising $12,665 in the process. The employees collected $5,165 in donations from colleagues, friends, and family members, and The Sallie Mae Fund, the company’s charitable foundation, contributed an additional $7,500.
The 40 employees, split between two Sallie Mae teams, joined 63 other teams in their attempts at towing an 80-ton 757 cargo plane at the day-long annual event.
“Sallie Mae raised the bar this year by fielding not just one but two teams in our Plane Pull Challenge,” said Scott Furnish, senior director of development, Special Olympics Indiana. “We appreciate the company’s strong support of the Special Olympics, and we are especially grateful for the volunteer work their employees do on our behalf throughout the year.”
Special Olympics Indiana is a not-for-profit organization that provides year-round sports training and athletic competition in more than 20 Olympic-type sports for children and adults with intellectual disabilities, reaching nearly 11,000 athletes across Indiana. It is part of the international network of accredited Special Olympics programs that reach more than 3 million athletes with intellectual disabilities worldwide. The Plane Pull Challenge is Special Olympics Indiana’s largest single-day fundraiser; this year, the event raised more than $160,000.
“Sallie Mae is committed to supporting organizations our employees are personally involved with and passionate about,” said Mike Bandy, Sallie Mae vice president and Plane Pull Challenge team captain. “The Plane Pull Challenge is not only a lot of fun and a great team builder, but also a reminder that some of the challenges Special Olympians deal with on a daily basis are far more daunting than pulling an airplane.”