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Friday 17 July 2015
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Active Stock’s News Report: Healthcare Realty Trust Inc (NYSE:HR), Ballard Power Systems (NASDAQ:BLDP), Blackstone Mortgage Trust (NYSE:BXMT), Legg Mason (NYSE:LM)

On Friday, Shares of Healthcare Realty Trust Inc (NYSE:HR), gained 0.59% to $24.04.

Healthcare Realty Trust Incorporated, declared that on Wednesday evening, August 5, 2015, after the market closes, it will report results for the second quarter of 2015.

On August 6, 2015, at 9:00 a.m. Central Time, Healthcare Realty Trust will hold a conference call to talk about earnings results, quarterly activities, general operations of the Company and industry trends.

Healthcare Realty Trust Incorporated is an independent real estate investment trust. The firm invests in real estate markets of the United States. It primarily engages in ownership, acquisition, administration, leasing, and development of properties associated with delivery of healthcare services such as medical office and outpatient facilities.

Shares of Ballard Power Systems Inc. (USA) (NASDAQ:BLDP), inclined 0.70% to $1.43, during its last trading session.

Ballard Power Systems Inc., declared the closing of its formerly declared underwritten offering of 9,343,750 of its common shares for gross proceeds of about U.S. $15.0 million, which comprises the exercise in full by the underwriters of their option to purchase up to an additional 15% of common shares to cover over-allotments. Net proceeds to Ballard from the Offering are predictable to be about U.S. $13.6 million, after deducting underwriting discounts, commissions and other estimated Offering expenses.

Cowen and Company acted as the sole book-runner for the Offering. Roth Capital Partners, Lake Street Capital Markets and H.C. Wainwright & Co. acted as co-managers for the Offering.

Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. The company is primarily involved in the design, development, manufacture, sale, and service of fuel cell stacks, modules, and systems for various applications.

At the end of Friday’s trade, Shares of Blackstone Mortgage Trust Inc (NYSE:BXMT), lost 1.13% to $28.72.

Blackstone Mortgage Trust, declared that it has accomplished the acquisition of substantially all of the GE Capital Real Estate mortgage loan portfolio.

Steve Plavin, BXMT’s Chief Executive Officer, said, “I’m very happy with our execution in closing the purchase of the GE loans. We have now attained $4.8 billion of loans, counting the participation interests from the Mubadala-GE joint venture. Because of the accelerated closing timeframe, the third quarter will now fully reflect the raised earnings power from these loans in addition to the beneficial impact of greater scale and capital deployment on our ability to generate core earnings and dividends.”

Blackstone Mortgage Trust, Inc., a real estate finance company, originates and purchases senior loans collateralized by properties in North America and Europe. It operates through two segments, Loan Origination and CT Legacy Portfolio.

Finally, Legg Mason Inc (NYSE:LM), ended its last trade with 0.55% gain, and closed at $49.34.

With U.S. equities at historic highs and many fixed income yields close to zero, many investors are looking abroad for better returns. One area of raised focus – after several years on the bench – is emerging market (EM) equities. Investors are increasingly seeking the potential benefits of EM’s diverse landscape, with higher predictable growth potential.

“The S&P 500 is up 2 percent this year, stalling after a five-year rally,” said Michael LaBella, a portfolio manager with Legg Mason associate QS Investors. “Emerging markets are up 6 percent over the same period. Investors are noticing.”

Legg Mason, Inc. is a publicly owned asset administration holding company. The firm provides investment administration and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles through its wholly owned auxiliaries. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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