On Tuesday, Shares of Norfolk Southern Corp. (NYSE:NSC), gained 0.33% to $74.91.
Norfolk Southern Corporation’s (NSC) yard in Memphis has a new name, and it is “Harris Yard,” in honor of Deborah Harris Butler, the railroad’s executive vice president planning and chief information officer, who is retiring Oct. 1, 2015.
In making the declaration, NS President and CEO Jim Squires said, “Comprising over her 37-year career, Deb envisioned and championed systems and technology that keep the freight moving. Her name on a key yard that handles important segments of our business – in her own hometown — is apt and well-deserved recognition.”
Norfolk Southern Corporation, together with its auxiliaries, engages in the rail transportation of raw materials, intermediate products, and finished goods. As of December 31, 2014, it operated about 20,000 miles of road in 22 states and the District of Columbia. The company also operates planned passenger trains; transports overseas freight through various Atlantic and Gulf Coast ports; and provides logistics services.
Shares of Raytheon Company (NYSE:RTN), inclined 0.96% to $106.70, during its last trading session.
Raytheon Company (RTN) will award $1,000 individual scholarships to 40 high school seniors or full-time college students who took part in a FIRST Robotics Competition or were a member of a FIRST Tech Challenge team. The scholarship recipients hail from Alabama, California, Texas and 15 other states.
The 2015 Raytheon-FIRST® Robotics Scholarship program is aimed at FIRST (For Inspiration and Recognition of Science and Technology) alumni pursuing undergraduate education as math, science, engineering or technology majors. FIRST is a series of international robotics competitions for middle and high school students.
Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. It operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); and Space and Airborne Systems (SAS).
Shares of Stryker Corporation (NYSE:SYK), inclined 0.90% to $93.23, during its last trading session.
Stryker Corporation (SYK) declared that it will host a conference call on Thursday, October 22, 2015 at 4:30 p.m., Eastern Time, to talk about the Company`s operating results for the quarter ended September 30, 2015 and provide an operational update. Final operating results for the quarter ended September 30, 2015 will be released at 4:00 p.m. that day.
Stryker Corporation, together with its auxiliaries, operates as a medical technology company. The company operates through three segments: Orthopaedics, MedSurg, and Neurotechnology and Spine.
Finally, American Campus Communities, Inc. (NYSE:ACC), ended its last trade with 1.52% gain, and closed at $36.77.
American Campus Communities, Inc. (ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., recently released leasing information for the 2015-2016 academic year on Form 8-K, offered a portfolio update, and offered information on the company’s strategies regarding capital allocation and balance sheet administration in a presentation accessible in the Investor Relations section of the company’s website at www.americancampus.com.
Academic Year 2015-2016 Leasing Update
As of September 28, 2015, the Q4 2015 same store properties are 97.7 percent leased with a 2.9 percent final projected rental rate enhance contrast to 97.7 percent as of September 30, 2014. The total new store properties are leased to 89.9 percent. The combined total wholly-owned portfolio is 96.9 percent leased as of September 28, 2015.
Portfolio Update
At the end of July, the company accomplished the acquisition of Stadium Centre which comprised of the presale of an additional development phase targeting delivery in Fall 2016. Upon completion the property will contain 970 beds located pedestrian to Florida State University in Tallahassee. The transaction comprises of a 710-bed existing asset and a to-be-developed phase of 260-beds, which will function as one property.
American Campus Communities, Inc. is an independent equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily engages in developing, owning, and managing high-quality student housing communities.
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