Mid-day Stocks Buzz: Lloyds Banking Group PLC (ADR) (LYG), Wal-Mart Stores (WMT)

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Lloyds Banking Group PLC (ADR) (NYSE:LYG)

Stock’s Trading Stats:

Lloyds Banking Group PLC (ADR) (NYSE:LYG) is trading up with a percentage change of 1.52% and is at $4.01 right now. The Company’s market capitalization stands at $70.13 Billion in the current trading Session whereas, its outstanding shares are 71.37 billion.

Recent Press Release:

Lloyds Banking Group PLC (ADR) (LYG) provides banking and financial services to individual and business customers in the United Kingdom and internationally. The company operates through four segments: Retail, Commercial Banking, Consumer Finance, and Insurance. The Retail segment offers a range of financial service products, counting current accounts, savings, personal loans, and mortgages to wealth and small business customers; and distributes insurance, protection and credit cards, and a range of long-term savings and investment products. The Commercial Banking segment provides lending, transactional banking, working capital administration, risk administration, and debt capital markets services, in addition to private equity financing to various clients comprising small and medium-sized companies, mid-markets, corporates, and financial institutions. The Consumer Finance segment offers motor finance, credit cards, European mortgages and deposit taking, and car leasing services to consumers and commercial customers.

Wal-Mart Stores, Inc. (NYSE:WMT)

Stock’s Trading Stats:

Wal-Mart Stores, Inc. (NYSE:WMT) is declined -0.07% percent and is at $69.16 in the Real-Time trading session. The stock’s market capitalization stands at $215.69 Billion with outstanding shares of 408.00 Million.

Recent Press Release:

Wal-Mart Stores, Inc. (WMT) on April 20, 2016 declared changes to its Board of Directors designed to strengthen the board for the future, while maintaining its independence, diverse backgrounds of directors and breadth of experience. The changes include ordinary-course retirements of four board members and a reduction in the size of the board to maximize its effectiveness in supporting the company’s strategy. They will take effect following the company’s Annual Shareholders’ Meeting on June 3, 2016 in Bud Walton Arena on the University of Arkansas campus in Fayetteville, Ark.

Current board members Aida Alvarez, Roger Corbett, Mike Duke and Jim Walton will not stand for re-election at the company’s Annual Shareholders’ Meeting. The company also declared that as part of the board’s succession planning, the board has nominated Steuart Walton for election to the Walmart board. These changes will reduce the number of directors serving on the board from 15 to 12 directors.