Search
Saturday 19 September 2015
  • :
  • :
Latest Update

Current Trade News Analysis: Shaw Communications Inc (USA) (NYSE:SJR), CBRE Clarion Global Real Estate Incm Fd (NYSE:IGR), C R Bard Inc (NYSE:BCR), Cowen Group Inc (NASDAQ:COWN)

On Thursday, in the course of current trade, Shares of Shaw Communications Inc (USA) (NYSE:SJR), dropped -0.56%, and is now trading at $19.61.

Shaw Communications, declared several exciting ways for fans of the Canadian Football League (CFL) to get an insiders’ experience throughout the second half of the season, known as the Shaw Road to the Grey Cup.

Launching, CFL fans will have unparalleled access to immersive league and player content. This comprises the launch of Team Shaw - a weekly player spotlight series - the ShawRoadtotheGreyCup.ca digital hub, an integrated social media and broadcast campaign.

“CFL fans are passionate about their favourite players and teams and we can’t wait to provide them the ability to connect with the league in new and innovative ways,” said Jim Little, Senior Vice President and Chief Marketing Officer, Shaw Communications. “Like millions of Canadians, we grew up watching the CFL. As we head into the second half of the season, the Shaw Road to the Grey Cup will be filled with exciting matchups and classic Canadian football, and we are thrilled to be part of it all.”

Shaw Communications Inc., together with its auxiliaries, provides broadband cable television, Internet, digital phone, telecommunication, direct-to-home satellite, satellite distribution, and programming content services to residential and business customers in Canada and the United States.

During an Afternoon trade, Shares of CBRE Clarion Global Real Estate Incm Fd (NYSE:IGR), climbed 0.27%, and is now trading at $7.43.

CBRE Clarion Global Real Estate Income Fund declared a monthly distribution of $0.05 per share for the month of September 2015.

IGR’s current annualized distribution rate is 8.3% based on the closing market price of $7.22 on September 9, 2015, and 6.9% on a closing NAV of $8.74 as of the same date.

The Fund’s distribution policy is established by its Board of Trustees. The monthly distribution is set by the Board at regular intervals with consideration of investment income, realized gains, return of capital by portfolio companies, potential net appreciation of investments in “passive foreign investment companies” (“PFICs”), and other net unrealized appreciation and other income predictable for the year. Each distribution is predictable to be paid from some or all of the following sources: net investment income, realized capital gains and, in certain cases, return of capital. The Fund’s distribution rate should not be confused with pure income or yield. The Fund strives to establish a level monthly distribution that, over the course of the year, will serve to distribute an amount closely approximating the total taxable income of the Fund and all of the returns of capital by portfolio companies received by the Fund during the year.

CBRE Clarion Global Real Estate Income Fund is a closed-end fund. The Fund’s primary objective is high current income and its secondary objective is capital appreciation. The Fund invests from 80% to 100% of its total assets in income-producing real estate securities (counting REITs) located mainly in the developed markets of North America, Europe, Australia and Asia.

Shares of C R Bard Inc (NYSE:BCR), climbed 1.21%, and is now trading at $197.21.

C R. Bard, declared that it will present at the Morgan Stanley Global Healthcare Conference in New York City on September 17, 2015. Timothy M. Ring, chairman and chief executive officer, will discuss the Company in a presentation planned to start at 1:30 PM Eastern Daylight Time.

C R. Bard, Inc. designs, manufactures, packages, distributes, and sells medical, surgical, diagnostic, and patient care devices worldwide. The company offers vascular products, such as percutaneous transluminal angioplasty catheters, chronic total occlusion catheters, guidewires, fabrics, meshes, introducers, and accessories; valvuloplasty balloons; peripheral vascular stents, self-expanding and balloon-expandable covered stents, and vascular grafts; vena cava filters; biopsy devices; and temporary pacing electrode catheters for the treatment of peripheral vascular disease and heart arrhythmias.

Finally, Cowen Group Inc (NASDAQ:COWN), gained 0.19% Thursday.

Cowen Group, declared that it accomplished its formerly declared acquisition of Concept Capital Markets, LLC (“Concept Capital”), a leading independent provider of prime brokerage services. Financial terms of transaction were not revealed.

Cowen Group, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides alternative investment administration, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its auxiliaries.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

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.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *