Shares of Discover Financial Services (NYSE:DFS) ended Friday session in red amid volatile trading. The shares closed down -0.98 points or -1.64% at $58.74 with 3.23 million shares getting traded. Post opening the session at $59.50, the shares hit an intraday low of $58.74 and an intraday high of $59.52 and the price vacillated in this range throughout the day. The company has a market cap of $23.78 billion and the numbers of outstanding shares have been calculated to be 403.63 million shares.
On September 1, 2016 Discover Financial Services was selected by International Data Group’s CIO as a recipient of the 2016 CIO 100. The 29th annual award program recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology (IT).
Discover was honored for the work in the Discover Student Loans (DSL) business and their technology improvements to deliver personalized customer applications that meet the unique needs of millennials. All major DSL digital experiences were redesigned to make it easier to start and complete applications on mobile devices. The application process and online account center were improved, giving customers the ability to access information, apply for a loan and manage their accounts 24/7 from virtually any device.
“Discover was able to create a better and more streamlined experience for our student loan applicants and customers through responsive, mobile-optimized functionality,” said Glenn Schneider, executive vice president and chief information officer at Discover, who recently gave a presentation on Discover’s winning project at the CIO 100 Symposium event. “We focused on the idea of one size does not fit all and developed a personalized online account center with real-time dashboard variations based on individual customer needs.”
Shares of Manulife Financial Corporation (USA) (NYSE:MFC) ended Friday session in green amid volatile trading. The shares closed up +0.04 points or 0.29% at $13.92 with 3.22 million shares getting traded. Post opening the session at $13.80, the shares hit an intraday low of $13.74 and an intraday high of $14.10 and the price vacillated in this range throughout the day. The company has a market cap of $27.82 billion and the numbers of outstanding shares have been calculated to be 1.97 billion shares.
Steve Roder, Senior Executive Vice President and Chief Financial Officer of Manulife, will speak at the Barclays Global Financial Services Conference on Tuesday, September 13, 2016. The presentation is scheduled to begin at 12:00 p.m.
Interested parties may access the live audio webcast through Manulife.com/presentations. An archived version of the replay audio will be available the day after the live event at the same location for six months.