Shares of Host Hotels and Resorts Inc (NYSE:HST) ended Friday session in red amid volatile trading. The shares closed down -0.10 points or -0.62% at $16.00 with 13.41 million shares getting traded. Post opening the session at $16.04, the shares hit an intraday low of $15.77 and an intraday high of $16.10 and the price vacillated in this range throughout the day. The company has a market cap of $11.75 billion and the numbers of outstanding shares have been calculated to be 742.48 million shares.
Host Hotels and Resorts Inc (HST) on Sept. 15, 2016 announced that its board of directors authorized a regular quarterly cash dividend of $0.20 per share on the Company’s common stock representing an annual dividend yield of nearly 5% based on yesterday’s closing stock price. The dividend is payable on October 17, 2016, to stockholders of record on September 30, 2016.
Shares of Paypal Holdings Inc (NASDAQ:PYPL) ended Friday session in red amid volatile trading. The shares closed down -0.13 points or -0.32% at $40.70 with 11.91 million shares getting traded. Post opening the session at $40.71, the shares hit an intraday low of $40.32 and an intraday high of $40.88 and the price vacillated in this range throughout the day. The company has a market cap of $50.50 billion and the numbers of outstanding shares have been calculated to be 1.21 billion shares.
On Sept. 6, 2016 PayPal announced the appointment of Paul Parisi as the new general manager of PayPal Canada. Paul is a results-focused Canadian leader who joins PayPal with a strong record of more than 17 years in the payments industry.
As general manager, Paul will be focused on building on the company’s successful 10-year history in Canada and driving the next phase of growth for the company and its customers. He will play a critical role in bringing innovations to market and further solidifying PayPal as one of the leading online and mobile payment services in Canada.
“The e-commerce, payments and fintech industries are at an exciting juncture in Canada. I look forward to driving even more profitable growth for PayPal in Canada and adding greater value for our 6.4 million active customers in Canada, which includes 250,000 small business customers across the country,” said Paul Parisi, the new general manager of PayPal Canada.