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Sunday 18 October 2015
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(CBG) (UDR) (CMCM) (PBF) Active News Update: CBRE Group (NYSE:CBG), UDR, (NYSE:UDR), Cheetah Mobile (NYSE:CMCM), PBF Energy (NYSE:PBF)

On Tuesday, CBRE Group Inc (NYSE:CBG)’s shares inclined 1.24% to $31.31.

CBRE Group, Inc. (CBG) declared that it has been comprised of on the Dow Jones Sustainability Index (DJSI) North America for the second year in a row. This prestigious index recognizes corporations demonstrating leadership on environmental, social and governance issues.

CBRE is the only commercial real estate services and investment firm comprised of in the index.

The 600 largest North American companies of the S&P Global Broad Market Index were invited to take part in the RobecoSAM Corporate Sustainability Assessment. Of these, about the top 25 percent made the DJSI.

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.

UDR, Inc. (NYSE:UDR)’s shares gained 2.18% to $34.20.

UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, declared that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2015 in the amount of $0.2775 per share, payable in cash, on November 2, 2015 to UDR common stock shareholders of record as of October 12, 2015. The November 2nd dividend will be the 172nd successive quarterly dividend paid by the Company on its common stock.

UDR also declared that its Board of Directors declared a regular quarterly dividend on its Series E preferred stock for the third quarter of 2015 in the amount of $0.3322 per share. The preferred dividend is payable on November 2, 2015 to Series E preferred stock shareholders of record as of October 12, 2015.

UDR, Inc. is an independent real estate investment trust. The firm invests in the real estate markets of the United States. It owns, operates, acquires, renovates, develops, redevelops, and manages multifamily apartment communities.

At the end of Tuesday’s trade, Cheetah Mobile Inc (ADR) (NYSE:CMCM)‘s shares dipped -11.35% to $13.98.

Cheetah Mobile (CMCM), the leading developer of mission-critical mobile utility applications, declared a partnership with Carnegie Mellon University that will research innovative mobile advertising techniques preceding the user experience while still seeing raised results. To kick off the partnership, Cheetah Mobile is sponsoring the flagship practicum course for the Information Networking Institute (INI) Master’s program at Carnegie Mellon’s Silicon Valley campus this semester.

This collaborative working relationship with a top university in the U.S. has been a aim of Cheetah Mobile’s CEO, Sheng Fu.

Arther Wu, Cheetah Mobile’s Senior Director of Monetization and Business Operation, will provide mentorship for the INI Practicum team. The project will also be supported by CMU Alumni, GM of Cheetah Mobile Taiwan Agency David Wu and Cheetah Mobile Business Development Manager Wade Brogdon.

Cheetah Mobile Inc. operates a platform that offer mobile and PC applications for users and global content distribution channels for business partners in China. The company’s suite of applications optimizes mobile and PC Internet system performance and provides real time protection against known and unknown security threats.

PBF Energy Inc (NYSE:PBF), ended its Tuesday’s trading session with 2.14% gain, and closed at $27.62.

PBF Energy Inc. (PBF) declared that it will release its earnings for the third quarter 2015 on Thursday, October 29, 2015. The company will host a conference call and webcast regarding second quarter results and other business matters on Thursday, October 29, 2015, at 8:30 a.m. ET.

PBF Energy Inc., together with its auxiliaries, engages in the refining and supply of petroleum products. It produces gasoline, ultra-low-sulfur diesel, heating oil, jet fuel, lubricants, petrochemicals, and asphalt, in addition to unbranded transportation fuels, heating oil, petrochemical feedstocks, and other petroleum products.

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