Shares of Deutsche Bank AG (USA) (NYSE:DB) ended Monday session in red amid volatile trading. The shares closed down -0.41 points or -3.06% at $12.97 with 8.45 million shares getting traded. Post opening the session at $13.22, the shares hit an intraday low of $12.91 and an intraday high of $13.23 and the price vacillated in this range throughout the day. The company has a market cap of $16.34 billion and the numbers of outstanding shares have been calculated to be 1.37 billion shares.
On September 9, 2016 Deutsche Bank announced its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt program of Lundin Petroleum AB (publ) (“Lundin Petroleum”).
Founded in 2001, Lundin Petroleum is a Swedish oil and gas exploration and production company focused on two core areas in Norway and Malaysia and also holds assets in France, the Netherlands and Russia. Lundin Petroleum has a balanced portfolio of assets with existing proven and probable reserves of 716 million barrels of oil equivalent as of end 2015. Lundin Petroleum is listed on NASDAQ Stockholm.
“We are delighted to be appointed as depositary bank for Lundin Petroleum’s Level 1 ADR program,” said Jose Sicilia, Head of Depositary Receipts, Issuer Services. “Deutsche Bank’s broad range of customized ADR related services will enhance Lundin’s visibility to the US investment community.”
Shares of Host Hotels and Resorts Inc (NYSE:HST) ended Monday session in green amid volatile trading. The shares closed up +0.02 points or 0.13% at $16.02 with 8.14 million shares getting traded. Post opening the session at $16.05, the shares hit an intraday low of $15.88 and an intraday high of $16.20 and the price vacillated in this range throughout the day. The company has a market cap of $11.82 billion and the numbers of outstanding shares have been calculated to be 742.48 million shares.
Host Hotels and Resorts Inc (HST) announced that it will report financial results for the third quarter 2016 prior to market open on Wednesday, November 2, followed by a conference call at 10:00 a.m. Eastern Time (ET). Management will discuss the Company’s third quarter 2016 results and its business outlook for the remainder of 2016.
Interested individuals are invited to listen to the call via telephone at (719) 325-2202. It is recommended that participants call 10 minutes ahead of the scheduled start time to ensure proper connection. A simultaneous webcast of the call will be available on the Company’s website at www.hosthotels.com. A replay of the call will be available Wednesday, November 2 at 1:00 p.m. ET until Wednesday, November 9, 2016 at 1:00 p.m. ET via telephone at (888) 203-1112, passcode number 7595830, or via webcast on the Company’s website through December 2, 2016.