|Bid||24.46 x 200|
|Ask||24.52 x 100|
|Day's Range||24.31 - 24.76|
|52 Week Range||16.14 - 28.97|
|PE Ratio (TTM)||12.80|
|Dividend & Yield||0.56 (2.30%)|
|1y Target Est||N/A|
Ford Motor Co. has named a former chairman of Cincinnati-based Fifth Third Bancorp as its new CEO. Jim Hackett became CEO on Monday of the Detroit automaker that’s the nation’s ninth-biggest company based on the Fortune 500 list. Hackett joined Ford (NYSE: F) a little more than a year ago as chairman of Ford Smart Mobility.
WASHINGTON—Some banks want to take on payday lenders. Financial firms, spurred by the Trump administration’s promises to deregulate, hope to return to offering short-term, high-interest loans after being pushed out of the sector by Obama-era rules. Two leading trade groups, the American Bankers Association and Consumer Bankers Association, recently proposed to Treasury Secretary Steven Mnuchin several steps they say would encourage banks to offer such loans.
Fifth Third Bancorp (FITB) has launched a service for new and expecting mothers working for the company. Teresa Tanner, chief administrative officer at Fifth Third, led efforts to build the maternity concierge program. About 22% of first-time mothers quit their jobs after giving birth between 2006 and 2008, according to the U.S. Department of Labor .