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2 Fin Stocks Summary-> CyrusOne Inc (CONE), Banc of California Inc (BANC)

On Friday, Shares of CyrusOne Inc (NASDAQ:CONE) increased 2.07% and closed at $55.14 after opening 54.07 with the overall traded volume of 581,352 shares. The company’s Market capitalization reached to $4.94 billion, $87.73 million outstanding shares. Its low price was $53.81 and the highest price was $55.30.

CyrusOne Inc (CONE) announced that it will hold its second quarter 2017 results conference call at 11:00 AM Eastern Time (10:00 AM Central Time) on Thursday, August 3, 2017. Gary Wojtaszek, President and Chief Executive Officer, and Diane Morefield, Chief Financial Officer, will review the company’s financial performance for the period.

The U.S. toll-free dial-in number for the conference call is 1-844-492-3731, and the international dial-in number is 1-412-542-4121. A live webcast of the conference call will be available under the “Company” tab in the “Investors / Events & Presentations” section of the company’s website at http://investor.cyrusone.com/events.cfm. The press release announcing second quarter 2017 results will be issued after the market closes on Wednesday, August 2, and will be available on the company’s website under the “Company” tab in the “Investors / Investor News” section.

For those unable to participate, a replay will be available beginning one hour after the conclusion of the call on August 3, 2017, through August 17, 2017. The U.S. toll-free replay dial-in number is 1-877-344-7529, and the international replay dial-in number is 1-412-317-0088. The replay access code is 10109684.

Shares of Banc of California Inc (NYSE:BANC) decreased -0.46% and closed at $21.55 after opening 21.70 with the overall traded volume of 668,816 shares. The company’s Market capitalization reached to $1.07 billion, $49.98 million outstanding shares. Its low price was $21.30 and the highest price was $21.80. The EPS is 1.13.

Banc of California Inc (BANC) on June 14, 2017 announced that J. Francisco A. Turner has resigned from his roles as interim Chief Financial Officer (“CFO”) and Chief Strategy Officer. Albert J. Wang, current Chief Accounting Officer, will assume the role of Principal Financial Officer (“PFO”) as the Company continues its search for a permanent CFO with the assistance of Korn Ferry.

Douglas H. Bowers, President and Chief Executive Officer, said, “I am pleased that Al, a seasoned financial executive who has served Banc of California capably, will ensure continuity for the bank as our PFO. The Board and I are encouraged by the progress we have made in our previously announced search to recruit a permanent CFO, and look forward to the completion of that process. We are committed to building the strongest possible management team fully aligned in our vision for the bank and its future success. Banc of California has a strong foundation and talented employees, and I see great potential for the Company as we execute against our goals.”

He continued, “We thank Fran for his contributions and wish him well.”

Mr. Turner has informed the Company that he intends to pursue financial technology, venture investing and other interests.  Mr. Turner said, “It has been exciting and a pleasure to have helped build Banc of California from a community bank into a diverse and profitable California Regional Bank.”

 

 

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