On Tuesday, Medical Properties Trust, Inc.(NYSE:MPW)’s shares inclined 1.19% to $11.08.
Medical Properties Trust, Inc. (the “Company” or “MPT”) (MPW) recently declared that the formerly revealed acquisition of Capella Holdings, Inc. (“Capella”) has been accomplished. Capella Health Holdings LLC, an associate of MPT jointly owned with current Capella administration, closed the acquisition and began operating the Capella facilities on Monday, August 31.
Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers. The company also provides mortgage loans to healthcare operators, in addition to working capital and other term loans to its tenants/borrowers.
Campbell Soup Company(NYSE:CPB)’s shares gained 3.00% to $49.38.
Campbell Soup Company (CPB) stated its fourth-quarter and full-year results for fiscal 2015.
Fourth-Quarter Results from Ongoing Operations
Sales reduced 9 percent to $1.693 billion primarily due to the impact of one less week contrast to the year-ago quarter and the negative impact of currency translation. Organic sales raised 1 percent from higher selling prices and lower promotional spending, partly offset by lower volume.
Gross margin raised from 34.1 percent to 36.1 percent. Not Taking Into Account items impacting comparability in the preceding year, adjusted gross margin improved 1.8 percentage points. The enhance in adjusted gross margin was due to productivity improvements, higher selling prices and lower promotional spending, partly offset by input cost inflation.
Marketing and selling expenses reduced 7 percent to $176 million, primarily driven by the impact of currency translation and lower marketing overhead and selling expenses, partly offset by raised advertising and consumer promotion expenses. Administrative expenses raised 19 percent to $177 million, primarily driven by raised incentive compensation expense and $13 million of costs related to the implementation of the new organizational structure and cost reduction initiatives.
Campbell Soup Company, together with its auxiliaries, manufactures and markets convenience food products. It operates through U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and Bolthouse and Foodservice segments.
At the end of Tuesday’s trade, Abercrombie & Fitch Co.(NYSE:ANF)‘s shares surged 2.20% to $20.90.
Abercrombie & Fitch Co.’s (ANF) Hollister brand recently declared its 2015 anti-bullying campaign, All Equal. In partnership with indie-pop siblings, Echosmith, known for their hit single, ‘Cool Kids’, the program assists enhance anti-bullying awareness. Now in its third year, the campaign continues to gain momentum and aims to reach more than 1 million middle and high school students around the world this year. Since launching the initiative in 2013, the company has donated more than $400,000 to supporting causes, reached over 750,000 students and awarded scholarships to 20 deserving students.
The campaign features an educational video and peer-to-peer curriculum developed by renowned anti-bullying expert and clinical psychologist, Dr. Joel Haber. The video and curriculum are being distributed to more than 20,000 schools around the United States, providing students with the tools they need to prevent and overcome bullying. The program is designed to promote inclusivity and respect, and teaches students to take a stand against bullying and cyberbullying in their schools.
Abercrombie & Fitch Co., through its auxiliaries, operates as a specialty retailer of apparel for men, women, and kids. The company operates through three segments: U.S. Stores, International Stores, and Direct-to-Consumer. It sells various products, such as casual sportswear apparel comprising knit and woven shirts, graphic T-shirts, fleece, jeans and woven pants, shorts, sweaters, and outerwear; personal care products; and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, and Hollister brand names.
Ocwen Financial Corp(NYSE:OCN), ended its Tuesday’s trading session with 5.78% gain, and closed at $8.24.
Ocwen Financial Corporation (OCN), a leading financial services holding company, invites borrowers who need mortgage assistance to attend one of several forthcoming housing events to explore possible mortgage solutions that could assist them stay in their homes. This effort is part of Ocwen’s continued outreach, in partnership with community leaders and nonprofit housing organizations, to bring real solutions to struggling homeowners in the United States.
Ocwen Home Retention Agents will be present at all the forthcoming events to offer homeowners free, face-to-face, individualized advice on finding the right mortgage solutions. Ocwen borrowers will also have the opportunity to meet one-on-one with United States Department of Housing and Urban Development (HUD) approved financial counselors to talk about their unique situations.
Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset administration services to owners of mortgage loans and foreclosed real estate. This segment’s residential servicing portfolio comprises conventional, government insured, and non-agency loans.
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.
