On Wednesday, Shares of Pfizer Inc. (NYSE:PFE), lost -0.74% to $34.88.
Pfizer Inc., declared the expansion of its lease agreement with a partner of Massachusetts Institute of Technology, creating a unified Pfizer campus in Kendall Square (KSQ). With this expansion, Pfizer has leased the full 500,000 square feet at 610 Main Street in Kendall Square. This space will continue to house the R&D activities that relocated to 610 Main Street in 2014, and will enable the consolidation of Pfizer’s three other leased spaces in Cambridge into the one campus.
This most recent lease addition secures an added 130,000 square feet of space for potential expansion in the future and will be accessible for sub-tenancy in 2017. Once the three remote sites are merged, 610 Main Street will house about 1,000 Pfizer employees.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of The Boeing Company (NYSE:BA), inclined 1.01% to $146.47, during its last trading session.
The Boeing Company, stated second-quarter revenue raised 11 percent to $24.5 billion on record commercial deliveries. Second quarter 2015 results comprised of the formerly declared $536 million after-tax charge ($0.77 per share) on the KC-46 Tanker program reflecting higher estimated costs. Core earnings per share (non-GAAP) guidance for 2015 has been adjusted to between $7.70 and $7.90 per share, from $8.20 and $8.40, to reflect the impact of the second quarter 2015 KC-46 Tanker charge ($0.77 per share), partially offset by strong performance ($0.27 per share). GAAP earnings per share has been adjusted to between $7.60 and $7.80, from $8.10 and $8.30.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.
Finally, New York REIT, Inc. (NYSE:NYRT), ended its last trade with 1.07% gain, and closed at $10.35.
New York REIT, declared it will release its financial results for the second quarter 2015 on Friday, August 7, 2015, before the market open. The Company will host an earnings conference call reviewing these results and its operations the same day starting at 10:00 a.m. ET. The call will be conducted by Michael A. Happel, the Company’s Chief Executive Officer and President, and Nicholas Radesca, the Company’s Interim Chief Financial Officer.
New York REIT, Inc. focuses on acquiring commercial real estate, in addition to acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City.
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