On Friday, Tanger Factory Outlet Centers Inc. (NYSE:SKT)’s shares inclined 0.09% to $32.49.
Tanger Factory Outlet Centers, Inc. (SKT) provided an update on the status of a potential transaction to sell four outlet centers that were classified as held for sale. The buyer’s due diligence period for inspecting the properties expired on June 15, 2015, at which time the non-refundable portion of the buyer’s deposit retainable by Tanger increased to $150,000. However, the purchase and sale agreements also provided the buyer an additional contingency period solely for the purpose of obtaining acceptable mortgage financing. Immediately prior to the expiration of this financing contingency period, the buyer informed Tanger that, due to current market conditions, it could not secure acceptable financing on the terms, and in the amounts it had originally anticipated at the start of the due diligence process.
As of June 30, 2015, the average occupancy rate of these four centers was 93% and collectively accounted for less than 5% of the company’s consolidated net operating income.
Tanger Factory Outlet Centers, Inc. is a real estate investment trust. The firm invests in the real estate markets in United States. It focuses on developing, acquiring, owning, operating, and managing outlet shopping centers. Tanger Factory Outlet Centers, Inc. was founded in 1981, and is based in Greensboro, North Carolina.
Yelp Inc (NYSE:YELP)’s shares dropped -0.43% to $34.96.
Yelp Inc. (YELP), the company that connects consumers with great local businesses, declared the launch of Yelp Philippines (http://www.yelp.com.ph).
Startning recently, people across the Philippines are able to read reviews about great local businesses and create accounts on Yelp.com.ph to share their opinions. Yelp’s free iPhone and Android apps will be accessible in addition to its free suite of business owner tools: Yelp for Business Owners (http://biz.yelp.com.ph).
The Philippines is home to 100 million people, 7,107 islands, 23 active volcanoes, a six-inch primate, and countless Jeepneys and it is the 32nd international market to join the Yelp community. Yelp in the Philippines is accessible in both English and Filipino, the 18th language accessible on Yelp.
The Philippines is one of the most modern countries in Asia and the sixth largest English-speaking nation in the world, with English widely spoken as a second language. It is also culturally diverse and internet savvy, with Filipinos sending more than 1 billion text messages per day.
Dedication to food is another trait common to Filipino culture. Whether you prefer budget bites at carenderias or turo-turos or a full-fledged fiesta feast with lechon, caldereta (or even the local version of spaghetti), you’ll always find the country’s wide mix of influences come together beautifully in the cuisine. As if you needed more enticement, the country’s hospitality means you’re always sure to be welcomed with a big smile wherever you go.
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides local advertising services, counting free and paid business listing services to businesses of various sizes, in addition to enable businesses to deliver targeted search advertising to large local audiences through its Website and mobile app.
At the end of Friday’s trade, Baidu Inc (ADR) (NASDAQ:BIDU)‘s shares surged 4.39% to $198.44.
Baidu, Inc. (BIDU), the leading Chinese language Internet search provider, declared that it will report its financial results for the second quarter ended June 30, 2015, after the U.S. market closes on July 27, 2015. Baidu’s administration will hold an earnings conference call at 8:00 PM on July 27, 2015, U.S. Eastern Time (8:00 AM on July 28, 2015, Beijing/Hong Kong Time).
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.
Mueller Water Products, Inc. (NYSE:MWA), ended its Friday’s trading session with -1.15% loss, and closed at $8.58.
Mueller Water Products, Inc. (MWA) plans to release financial results for its third quarter ended June 30, 2015 on Thursday, July 30, 2015 after the market closes, the Company announced.
Gregory E. Hyland, chairman, president and chief executive officer of Mueller Water Products, and other members of the Company’s leadership team will discuss the financial results during a conference call on Friday, July 31, 2015 at 9:00 a.m. ET. The conference call will be webcast live on Mueller Water Products’ website, www.muellerwaterproducts.com, and will be archived for approximately 90 days.
Mueller Water Products, Inc. manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the United States, Canada, and internationally. The company operates in two segments, Mueller Co. and Anvil.
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