On Friday, Shares of EMC Corporation (NYSE:EMC), gained 0.59% to $25.79.
EMC Corporation, declared it has accomplished the acquisition of Virtustream. Virtustream represents a transformational element of EMC’s strategy to assist customers move all applications to cloud-based IT environments. The all-cash transaction is predictable to have no material impact to EMC financial results in 2015 and is predictable to be additive to revenues and accretive to EPS in 2016. Operational details of the new EMC Federation business formed by Virtustream will be declared later this quarter.
EMC Corporation develops, delivers, and supports information infrastructure and virtual infrastructure technologies, solutions, and services. It offers enterprise storage systems and software deployed in storage area networks (SAN), networked attached storage (NAS), unified storage combining NAS and SAN, object storage, and/or direct attached storage environments, in addition to provides a portfolio of backup products that support a range of enterprise application workloads.
Shares of CBRE Group Inc (NYSE:CBG), inclined 1.08% to $37.60, during its last trading session.
CBRE Group Inc, declared the final closing of CBRE Planned Partners U.S. Value 7, L.P., with equity commitments of more than $1.3 billion from 26 institutional investors in the United States, Europe, the Middle East and Asia.
Planned Partners U.S. Value 7, which is now closed to new investors, is predictable to have total purchasing power of more than $3.3 billion, counting leverage. The fund has invested 75 percent of this amount, or $2.5 billion, in high-quality office, multifamily and hotel assets. Its office properties have executed leases on 760,000 square feet of space. The Planned Partners U.S. program has raised $7.2 billion in equity in 10 funds in the past 15 years.
CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Administration; and Development Services segments.
Finally, Pilgrim’s Pride Corporation (NASDAQ:PPC), ended its last trade with 0.49% gain, and closed at $22.59.
Pilgrim’s Pride Corporation, declared that it will host its second quarter 2015 earnings conference call and webcast on Thursday, July 30, 2015 at 7:00 a.m. MDT (9:00 a.m. EDT).
Pilgrim’s Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the United States, Mexico, and Puerto Rico.
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