On Tuesday, Pfizer Inc.(NYSE:PFE)’s shares declined -0.52% to $32.25.
Pfizer Inc. invites investors and the general public to view and listen to a webcast of a conference call with investment analysts at 10 a.m. EDT on Tuesday, October 27, 2015.
The purpose of the call is to provide an update on Pfizer’s results, as reflected in the company’s Third Quarter 2015 Performance Report, to be issued that morning.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide.
Host Hotels and Resorts Inc (NYSE:HST)’s shares dropped -3.49% to $16.04.
Host Hotels & Resorts, Inc. (HST) declared that it has closed on a $500 million term loan by exercising the accordion feature of its existing credit facility. The closing of this Term Loan enhances the Company’s credit facility to $2 billion, which is comprised of a $1 billion revolver and two $500 million term loans. The Term Loan has a five-year maturity and the interest rate spread depends on the Company’s unsecured debt ratings. The maturity date on the revolver and existing term loan remains unchanged. Based on the Company’s current unsecured debt rating, the Term Loan has a floating interest rate of LIBOR plus 110 basis points. At closing, the Company drew down $300 million on the Term Loan and maintains the option to draw down all or a portion of the remaining $200 million within 180 days post-closing. Proceeds from the initial $300 million draw of the Term Loan will be used to repay current amounts outstanding on the revolver. The Term Loan was arranged by Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities, LLC, and Wells Fargo Securities, LLC, as joint lead arrangers and joint book runners.
Host also declared that its board of directors authorized a regular quarterly cash dividend of $0.20 per share on the Company’s common stock. The dividend is payable on October 15, 2015, to stockholders of record on September 30, 2015.
Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland. The firm primarily invests in luxury and upper upscale hotels.
At the end of Tuesday’s trade, Activision Blizzard, Inc. (NASDAQ:ATVI)‘s shares dipped -0.35% to $31.41.
Bungie and Activision Publishing, Inc., a wholly owned partner of Activision Blizzard, Inc. (ATVI) have joined forces to bring the world Destiny: The Taken King, the epic follow-up to the blockbuster Destiny saga. Building upon Destiny, the biggest new video game franchise launch in history, Destiny: The Taken King expands the universe with a rich and diverse offering, counting new adventures, challenges, enemies, and weapons that make for the most ambitious addition to the Destiny universe yet. The Taken King can be purchased now, worldwide, in each territory where accessible at global retailers, and through console digital stores. Additionally, the ‘King’s Fall’ Raid will go live at 10 o’clock a.m. PDT on Friday, Sept. 18, giving millions of players in the Destiny community the biggest new challenge and commensurate rewards to date.
With a new storyline introducing Oryx, Crota’s vengeful father, an all-new destination, three new Guardian subclasses, a massive arsenal of new armor, weapons and exotics, new Strikes and Crucible maps, and the new ‘King’s Fall’ Raid that will put players to the ultimate test, there has never been a better time to jump in to “Become Legend,” particularly for new players starting their journey as a Guardian. The Taken King major expansion takes players deep into the chambers of a new destination, the ‘Dreadnaught’ ship, to defeat Oryx, and his Taken Army.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
KB Home (NYSE:KBH), ended its Tuesday’s trading session with -1.39% loss, and closed at $14.24.
KB Home (KBH), one of the nation’s largest and most recognized homebuilders, recently declared that Jay Lewis has been named president of its Orlando division. In this role, Lewis is responsible for the Company’s homebuilding operations across the region, from land acquisition and construction to sales and customer service.
Lewis arrives at KB Home with more than 30 years of experience in homebuilding with both national and local builders, counting the last eight years in the Central Florida area serving in various capacities. He holds a Bachelor of Science degree in business administration from Villanova University and a Master of Business Administration from Drexel University.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
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