Posted on 9/27/20
Lockheed Martin Adds $1.3B to Buyback Program
Lockheed Martin (NYSE:LMT) adds $1.3B to its existing repurchase program, bringing the total amount of shares repurchase to $3B.Lockheed Martin is up about 40% from March . . .
Posted on 6/29/20
Hershey Pauses Advertising on Facebook and Instagram
Hershey (NYSE:HSY) joins group pulling advertising from Facebook (NASDAQ:FB) to protest its content.This move is part of the #StopHate4Profit boycott, which entails not posting on Facebook . . .
Posted on 6/28/20
Blackstone Skips Payment on $274M Resort Loan
Blackstone (NYSE:BX) skipped a payment on a $274M resort mortgage loan, adding another to the group that has defaulted on debt through the coronavirus disaster.The debt . . .
Posted on 6/26/20
Venrock Capital Buys 1.5M Shares in Altimmune
Venrock adds another 1.5M shares to its existing 3M shares in Altimmune (NASDAQ:ALT).Venrock acquired an aggregate of 1.5M shares directly from the company for $11.3M.Venrock's total . . .
Posted on 6/12/20
Broadcom CFO Sells $12.66M Worth Of Holdings
Broadcom (NASDAQ:AVGO) +3% after Chief Financial Officer Thomas Krause has sold a total of 39K shares for ~$12.66M.After the transaction, Thomas still holds 51,366 shares.READ FULL . . .
Posted on 6/1/20
PG&E Files For $25.68B Mixed Shelf
PG&E (NYSE:PCG) may offer and sell up to $25.675B securities in a mixed shelf offering.READ FULL ARTICLE HERE
Posted on 5/24/20
Trian Exits Legg Mason Stake
Trian Fund offloads its entire stake of 2.46M common shares in Legg Mason (NYSE:LM) at weighted average price of $49.80.Legg Mason weigh 2.73% of Trian Fund . . .
Posted on 4/27/20
Berkshire’s Stake In U.S. Bancorp Crosses 10%
It's not Buffett and team buying stock, but instead U.S. Bancorp's (NYSE:USB) share repurchases have trimmed the float enough to push Berkshire Hathaway's (BRK.A, BRK.B) stake . . .
Posted on 4/20/20
Blink Charging Files To Sell $20M Of Common Stock
Blink Charging (NASDAQ:BLNK) conducts “at-the-market” $20M equity offering.The Company has no obligation to sell any of the Shares, and may at any time terminate sales agreement.READ . . .
Posted on 4/17/20
Diamond S Shipping Files For $500M Mixed Shelf
Diamond S Shipping (NYSE:DSSI) has filed a prospectus for a $500M mixed shelf offering.READ FULL ARTICLE HERE
Posted on 4/14/20
Athene Holding To Pay $45M Fine To New York State, Shares Down 7%
Athene Holding (ATH -6.9%) will pay a $45M penalty to New York State for New York Insurance Law violations related to its subsidiary Athene Annuity & . . .
Posted on 3/27/20
Verisk Analytics Files For Mixed Shelf
Verisk Analytics (NASDAQ:VRSK) has filed a prospectus for an unspecified mixed shelf offering.READ FULL ARTICLE HERE
Posted on 3/27/20
Citi Pauses Job Cuts During Coronavirus Uncertainty
Add Citigroup (NYSE:C) to the list of banks that have paused layoffs, as the coronavirus pandemic has led to a record level of unemployment claims and . . .
Posted on 3/26/20
CoStar Group Taps Credit Line To Fund Pending Acquisition
CoStar Group (NASDAQ:CSGP) borrows $745M under the revolving credit facility to fund the pending acquisition of RentPath Holdings, other potential strategic acquisitions, and for other working . . .
Posted on 3/23/20
PepsiCo To Add Staff, Boost Pay
PepsiCo (NASDAQ:PEP) to provide benefits to its 90,000 U.S. frontline employees at PepsiCo Beverages North America and PepsiCo Foods North America with a minimum increment of . . .
Posted on 3/23/20
Berkshire Hills Bancorp Files For Mixed Shelf
Berkshire Hills Bancorp (NYSE:BHLB) has filed a prospectus for an unspecified mixed shelf offering.RED FULL ARTICLE HERE
Posted on 3/22/20
Pentagon to Increase Progress Payments to Defense Firms
Pentagon is increaseing interim payments to defense contractors to give them a financial boost as the coronavirus pandemic weakens the broader economy.The payments to large contractors . . .
Posted on 3/20/20
MasTec Reloads Share Repurchase Plan
MasTec (NYSE:MTZ) adds $150M to its existing share repurchase plan of $129M, whereby the company completed share repurchase of ~$110M during 1Q20.The new additional authorization does . . .
Posted on 3/18/20
One Liberty Properties Files For $250M Mixed Shelf
One Liberty Properties (NYSE:OLP) has filed a prospectus for a $250M mixed shelf offering.READ FULL ARTICLE HERE
Posted on 3/16/20
Urban Outfitters To Close All Stores Amid Coronavirus Concerns
Urban Outfitters (NASDAQ:URBN) to close all the stores across the globe until at least March 28 amid coronavirus concern.We will continue to pay store teams and . . .
Posted on 2/25/20
Hersha Hospitality FFO Misses By $0.02, Beats On Revenue
Hersha Hospitality (NYSE:HT): Q4 FFO of $0.51 misses by $0.02.Revenue of $132.67M (-0.8% Y/Y) beats by $1.01M.READ FULL ARTICLE HERE
Posted on 7/10/19
WSFS Financial Announces two C&I Credit Events Impacting Q2 Charge-Offs
WSFS Financial (NASDAQ:WSFS) reports higher levels of provision for loan losses and concurrent charge-offs in 2Q 2019 due to occurrence of two events impacting Commercial and . . .
Posted on 7/1/19
Cubic Announces Sale of Commercial Properties in San Diego
Cubic (NYSE:CUB) (CUB) announced the sale of its Kearny Mesa campus in San Diego, California and its Orlando, Florida facility for a combined total of $46M."We . . .
Posted on 4/30/19
Corporate Office Properties Trust FFO in-line, Misses on Revenue
Corporate Office Properties Trust (OFC) (NYSE: OFC) announced financial and operating results for the first quarter ended March 31, 2019.Management CommentsStephen E. Budorick, COPT’s President & . . .
Posted on 1/30/19
Boston Properties To Co-Develop Platform 16
BOSTON--(BUSINESS WIRE)-- Boston Properties, Inc. (BXP) (NYSE: BXP), one of the largest publicly-traded developers, owners and managers of Class A office properties in the United States, . . .
Posted on 1/30/19
Boston Properties To Co-Develop Platform 16
BOSTON--(BUSINESS WIRE)-- Boston Properties, Inc. (BXP) (NYSE: BXP), one of the largest publicly-traded developers, owners and managers of Class A office properties in the United States, . . .
Posted on 1/23/19
Boston Properties Signs Additional Long-term Leases at 399 Park Avenue
Boston Properties (NYSE:BXP) signed two additional long-term leases totaling 250,000 square feet at its 399 Park Avenue property, located in midtown New York City. The two . . .
Posted on 1/23/19
Boston Properties Signs Additional Long-term Leases at 399 Park Avenue
Boston Properties (NYSE:BXP) signed two additional long-term leases totaling 250,000 square feet at its 399 Park Avenue property, located in midtown New York City.The two new . . .
Posted on 11/19/18
October AUM Declines as Equity Portfolio Hit Hard
US markets suffered a sharp decline in early October citing which all investment management companies have reported a decline in AUM for the month.AUM decline has . . .
Posted on 10/25/18
Corporate Office Properties Trust FFO In-line, Beats on Revenue
Corporate Office Properties Trust (OFC) (NYSE: OFC) announced financial and operating results for the third quarter and nine months ended September 30, 2018.Management Comments“We had a . . .
Posted on 8/2/18
Newmark Group EPS In-Line, Misses On Revenue
Newmark Group (NASDAQ:NMRK): Q2 EPS of $0.25 in-line.Revenue of $466.6M (+15.2% Y/Y) misses by $2.23M.READ FULL ARTICLE HERE
Posted on 7/25/18
T. Rowe Price Beats By $0.09, Beats On Revenue
T. Rowe Price (NASDAQ:TROW): Q2 EPS of $1.87 beats by $0.09.Revenue of $1.35B (+13.4% Y/Y) beats by $20M.READ FULL ARTICLE HERE
Posted on 7/25/18
Hilton Worldwide EPS In-Line, Misses On Revenue
Hilton Worldwide (NYSE:HLT): Q2 EPS of $0.70 in-line.Revenue of $2.29B (+10.1% Y/Y) misses by $180M.READ FULL ARTICLE HERE
Posted on 4/11/18
T. Rowe Price Reports March AUM
TROW -0.7% March 31 AUM of $1.01T vs. $1.02T.Client transfers from mutual funds to other portfolios were $0.4B for March.Sponsored U.S. mutual funds $613M; Other investment . . .
Posted on 2/13/18
Under Armour EPS In-Line, Beats On Revenue
Under Armour (NYSE:UAA): Q4 EPS of $0.00 in-line.Revenue of $1.37B (+4.6% Y/Y) beats by $60M.Shares +8.9% PM.READ FULL ARTICLE HERE
Posted on 2/12/18
T. Rowe Price Reports Sharp Increase In AUM Increases In January
TROW Jan. 31 AUM of $1.05T vs. $991B.Client transfers from mutual funds to other portfolios were $3.7B for January.Sponsored U.S. mutual funds $637M; Other investment portfolios . . .
Posted on 12/12/17
T. Rowe Price AUM up 2.06% in November
TROW Nov 30 AUM of $991B.Client transfers from mutual funds to other portfolios were nil during November.Sponsored U.S. mutual funds $609M, Other investment portfolios $382MREAD FULL . . .
Posted on 10/11/17
T. Rowe Price Reports September AUM
TROW Sept. 30 AUM of $948B vs. $934 in August.Client transfers from mutual funds to other portfolios were $2.9B and $8.1B for the Sept. and Q3 . . .
Posted on 8/2/17
AvalonBay Communities misses by $0.04
AvalonBay Communities, Inc. (AVB) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2017 was $165,225,000. This resulted in . . .
Posted on 7/26/17
State Street Beats By $0.10, Misses On Revenue
State Street (NYSE:STT): Q2 EPS of $1.67 beats by $0.10.Revenue of $2.81B (+9.3% Y/Y) misses by $50M.READ FULL ARTICLE HERE
Posted on 7/25/17
T. Rowe Price Misses By $0.02, Beats On Revenue
T. Rowe Price (NASDAQ:TROW): Q2 EPS of $1.28 misses by $0.02.Revenue of $1.17B (+12.5% Y/Y) beats by $10M.READ FULL ARTICLE HERE
Posted on 7/13/17
T. Rowe Price Reports June AUM
TROW June 30 AUM of $904B.Client transfers from mutual funds to other portfolios were $4.2B and $7.6B for the June and Q2 ended June 30, 2017, . . .
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