On Friday, Shares of Health Care REIT, Inc. (NYSE:HCN), gained 0.59% to $68.75.
Health Care REIT, declared that it will release its second quarter 2015 financial results before the market opens on August 4, 2015. The company will also host a conference call on August 4, 2015 at 10:00 a.m. Eastern Time to talk about these results. The company’s earnings release will be accessible in the Investor Relations section of the company’s website.
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.
Shares of TE Connectivity Ltd (NYSE:TEL), inclined 1.10% to $62.41, during its last trading session.
TE Connectivity Ltd. (TEL), will report fiscal year 2015 third quarter results before trading starts on July 22, 2015. The company will hold a conference call for investors at 8:30 a.m. EDT.
TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions.
At the end of Friday’s trade, Shares of CYS Investments Inc (NYSE:CYS), gained 0.25% to $8.02.
CYS Investments, declared that it will host a conference call at 9:00 AM Eastern Time on Thursday, July 23, 2015, to talk about its financial results for the quarter ended June 30, 2015.
Hosting the call will be Kevin E. Grant, Chairman and Chief Executive Officer, together with other members of the Company’s senior administration team.
CYS Investments, Inc., a specialty finance company, invests in residential mortgage pass-through securities in the United States. It also focuses on investing in residential mortgage-backed securities that are issued and the principal and interest of which are guaranteed by a federally chartered corporation (Agency RMBS); debt securities issued by the United States Department of Treasury or a government sponsored entity; and collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders.
Finally, Bon-Ton Stores Inc (NASDAQ:BONT), ended its last trade with 13.52% gain, and closed at $5.29.
The Bon-Ton Stores, Inc. (BONT) declared it has reached a contract for an $84.0 million sale-leaseback transaction with CPA: 17 – Global, one of W. P. Carey Inc.’s non-traded REITs. The transaction comprises six properties. Proceeds from the transaction, supplemented with borrowings under the Company’s revolving credit facility, will be used to pay one of two of the Company’s mortgage loan facilities due in April 2016. Each mortgage loan facility has principal outstanding of about $105 million and comprises of 12 properties.
“We are very happy to declare this noteworthy transaction with CPA: 17 – Global and look forward to a continued successful partnership with them. The sale-leaseback of these six properties allows us to address the maturity of one of our mortgage facilities and further enhances our financial flexibility through the value of the remaining properties no longer encumbered by the mortgage facility,” said Kathryn Bufano, President and Chief Executive Officer of The Bon-Ton Stores, Inc.
The Bon-Ton Stores, Inc., through its auxiliaries, operates department stores in the United States. The company’s stores offer brand-name fashion apparel and accessories for women, men, and children, in addition to cosmetics, home furnishings, and other goods.
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