On Friday, Newpark Resources Inc (NYSE:NR)’s shares declined -4.50% to $5.73.
Newpark Resources, Inc. (NR) declared that administration will take part in three investor conferences in September, counting the Credit Suisse Annual Small & Mid Cap Conference on September 17th; the Cowen and Company Houston Oilfield One-on-One Day on September 23rd; and the Johnson Rice Energy Conference on September 28th.
ULTRA-DEEPWATER FLUIDS CONTRACT AWARD
The Company declared that it has been awarded a contract by Total S.A. to provide drilling fluids and related services for an exploratory ultra-deepwater well in Block 14 of offshore Uruguay. This project is predictable to start in the second quarter of 2016 and generate about $10 million of revenue.
Newpark Resources, Inc. provides various products and services primarily to the oil and gas exploration industry. The company operates in two segments, Fluids Systems, and Mats and Integrated Services.
Discovery Communications Inc. (NASDAQ:DISCK)’s shares dropped -0.08% to $26.24.
Discovery Communications declared that it will host a series of events supporting My Brother’s Keeper (MBK), an initiative seeking to improve the life outcomes of boys and young men of color through public-private partnerships and other measures. The events will comprise screenings of the Discovery Channel documentary, RISE: THE PROMISE OF MY BROTHER’S KEEPER together with in-depth panels to talk about national and local efforts and steps to ensure that all students have the tools necessary to succeed.
Events will occur periodically across the country through Father’s Day 2016 in conjunction with My Brother’s Keeper Community Challenge municipalities and senior Obama Administration officials and cabinet secretaries on the My Brother’s Keeper Task Force. In addition to support of ongoing learning and dialog, Discovery Communications will make the film accessible to all MBK Community Challenge participants. The MBK Community Challenge, declared a year ago, encourages communities (cities, rural municipalities, and tribal nations) to implement a coherent cradle-to-college-and-career strategy for improving the life outcomes of all young people to ensure that they can reach their full potential, regardless of who they are, where they come from, or the circumstances into which they were born.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Netoperates; International Netoperates; and Education and Other segments. The company owns and operates television netoperates under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
At the end of Friday’s trade, Brandywine Realty Trust (NYSE:BDN)‘s shares dipped -1.28% to $12.34.
Brandywine Realty Trust (BDN) declared that our Board of Trustees has declared a quarterly cash dividend of $0.15 per common share, payable on October 19, 2015 to holders of record on October 5, 2015. The Board of Trustees also declared a quarterly dividend of $0.43125 for each 6.90% Series E Cumulative Redeemable Preferred Share, payable on October 15, 2015 to holders of record on September 30, 2015.
As formerly declared, we will release our third quarter earnings after the market close on Wednesday, October 21, 2015, and will hold our third quarter conference call on Thursday, October 22, 2015, at 9:00 a.m. EDT. The conference call can be accessed by dialing 1-800-683-1525 and providing conference ID: 41178235.
Brandywine Realty Trust is a publically owned real estate investment trust. The firm invests in real estate markets of the United States. It makes investments in office, mixed-use, and industrial properties. Brandywine Realty Trust was founded in 1985 and is based in Radnor, Pennsylvania with additional offices in Mount Laurel, New Jersey; Richmond, Virginia; Dallas, Texas; Falls Church, Virginia; Oakland, California; Austin, Texas, and Carlsbad, California.
Mack Cali Realty Corp (NYSE:CLI), ended its Friday’s trading session with -0.75% loss, and closed at $19.76.
Mack-Cali Realty Corporation (CLI) declared a comprehensive three-year planned initiative entitled 20/15 that represents a major step in the transformation of the Company’s portfolio. The Company’s new executive leadership, which took over operations just 100 days ago, will outline the directional shift at a meeting and webcast for investors and analysts later recently, and in a detailed form 8-K filed with the SEC last evening. Under the direction of chief executive officer Mitchell Rudin, and president Michael DeMarco, Mack-Cali will transform itself into an owner of waterfront and transit-oriented office properties and a regional owner of luxury multi-family properties.
The proceeds from these sales will fund Mack-Cali’s capital needs, counting the Company’s further expansion in markets such as Jersey City where it is concluding the 69-story, 763-unit URL® Harborside project with its partner Ironstate Development Company. URL® Harborside will be the tallest project in New Jersey when accomplished. The Company also plans to relocate their headquarters to Jersey City in the first half of 2016.
Mack-Cali Realty Corporation is a real estate investment trust (REIT). It engages in the leasing, administration, acquisition, development, and construction of commercial real estate properties in the United States.
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.
