On Tuesday, Shares of Hartford Financial Services Group Inc (NYSE:HIG), lost -1.58% to $41.20.
Hartford Financial Services Group, declared a quarterly dividend of $0.18 per share of common stock, payable on July 1, 2015, to shareholders of record at the close of business on June 1, 2015.
The Hartford Financial Services Group, Inc., through its auxiliaries, provides insurance and financial services to individual and business customers primarily in the United States.
Shares of TiVo Inc. (NASDAQ:TIVO), declined -2.54% to $ 10.36, during its last trading session.
TiVo, announced that is has acquired Cubiware, an innovative provider of cost-effective software solutions for emerging market Pay-TV operators. Cubiware will expand TiVo’s international presence in 25 countries and positions TiVo to offer a broader array of compelling, cost effective solutions for Pay-TV operators across the world.
“Cubiware immediately accelerates our global Pay-TV efforts and enables us to more rapidly reach an even larger portion of the international market, which is expected to grow to more than a billion subscribers by 2020,” said Tom Rogers, TiVo’s President and CEO. “Cubiware’s recent growth reflects its strong position in markets that are experiencing rapid pay television expansion. This product expansion complements our current international TiVo and DigitalSmiths product lines, enabling us to deliver a comprehensive portfolio of solutions for video distributors across different distribution platforms — on premise, cloud or hybrid environments. The combination of TiVo and Cubiware is expected to enhance Cubiware’s product offering with a variety of features in the future including advanced search and recommendations, OTT applications, and user interface enhancements that will further distinguish Cubiware products and accelerate customer expansion.”
TiVo Inc. provides television software services and cloud-based software-as-a-service solutions that enable to view video content through various screens.
At the end of Tuesday’s trade, Shares of L Brands Inc (NYSE:LB), lost -1.84% to $ 85.85.
L Brands, declared the declaration of its regular quarterly dividend of $0.50 per share payable on June 19, 2015, to shareholders of record at the close of business on June 5, 2015. This is the company’s 162nd successive quarterly dividend.
L Brands, Inc. operates as a specialty retailer of women’s intimate and other apparel, beauty and personal care products, and accessories. The company operates in three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International.
Finally, Health Care REIT, Inc. (NYSE:HCN), ended its last trade with - 0.40% loss, and closed at $ 70.58.
Health Care, declared it has successfully accomplished its offering of $750 million in aggregate principal amount of 4.0% senior unsecured notes due June 1, 2025. The notes were priced at 99.926% of their face amount to yield 4.009%.
“Following our successful first quarter equity offering, this transaction demonstrates HCN’s continued access to low-cost capital. Driven by strong investor demand, this represents the largest single tranche U.S. debt offering in the Company’s history,” said Scott Estes, HCN’s Chief Financial Officer. “As a result, we have significantly improved our financial flexibility and liquidity as we move toward the second half of 2015.”
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.
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