On Wednesday, Shares of PayPal Holdings, Inc. (NASDAQ:PYPL), lost -1.70% to $38.19.
PayPal Holdings, declared that the company intends to use its investor relations website and other online and social media channels, counting the company’s PayPal Stories Blog, Twitter handle and LinkedIn page, to disclose material non-public information and comply with its disclosure obligations under Regulation FD.
The general public, counting investors, will find such disclosures included on the following channels:
PayPal’s Investor Relations site: https://investor.paypal-corp.com
PayPal Stories Blog: https://stories.paypal-corp.com/
@PayPal (Twitter): https://twitter.com/paypal
PayPal (LinkedIn): https://www.linkedin.com/company/paypal
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, in addition to at offline retail locations through a range of payment solutions across company’s payments platform, counting PayPal, PayPal Credit, Venmo, and Braintree products.
Shares of Wal-Mart Stores Inc. (NYSE:WMT), inclined 0.90% to $72.58, during its last trading session, after opening its first wholesale store in India since 2012, a sign that it’s on track to continue its expansion.
Located in Agra, the new outlet is the 21st store in the second largest consumer market three years after it put its India expansion plans on hold.
At the time, the retailer was dealing with investigations that looked into whether or not the company violated the government’s rules for foreign investment in retail businesses, the Financial Times said.
Wal-Mart Stores, Inc. operates retail stores in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam’s Club.
Finally, Health Care REIT, Inc. (NYSE:HCN), ended its last trade with 0.58% gain, and closed at $68.20.
Canada Pension Plan Investment Board (CPPIB) and Health Care REIT, declared that they have formed a 45%/55% joint venture to hold a portfolio of medical office buildings in Southern California. The joint venture will initially own a 50.5% interest in the portfolio and the seller, who contributed the portfolio in exchange for a mix of operating partnership units and cash, will retain a 49.5% ownership stake. It is predictable that the joint venture’s stake will enhance to 100% if/when the seller converts their operating partnership units into HCN stock or cash. The entire portfolio is valued at US$449 million.
The portfolio comprises eight medical office buildings totaling 437,875 square feet, with the majority of assets located within the Golden Triangle district of Beverly Hills, California, a premier medical office market with attractive supply and demand characteristics. The remainder of the portfolio’s assets are located in the San Diego and Los Angeles markets.
Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States.
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