On Monday, DDR Corp (NYSE:DDR)’s shares declined -1.36% to $15.99.
DDR Corp (DDR) This Beachwood, OH-based retail real estate investment trust (“REIT”) continues with its efforts to enhance its portfolio-mix through divestitures which has near-term dilution effect. During first-quarter 2015, the REIT disposed 31 fully-owned assets for $353 million, while acquiring one shopping center for $49 million.
Further, though DDR’s increasing development and redevelopment pipeline is encouraging for future growth, it multiplies operational hazards by exposing the company to rising construction costs, entitlement delays and lease-up risks. In addition, DDR faces competition not only from other retail properties but also from retail channels such as catalogs and e-Commerce websites.
DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. It formerly known as Developers Diversified Realty Corp. DDR Corp is based in Beachwood, Ohio.
Enterprise Products Partners L.P. (NYSE:EPD)’s shares gained 0.62% to $31.03.
Enterprise Products Partners L.P. (EPD) declared that Bryan F. Bulawa, senior vice president and chief financial officer of Enterprise’s general partner, is planned to present at the Credit Suisse MLP and Energy Logistics Conference on Tuesday, June 23, 2015 at 12:15 p.m. ET in New York City.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.
At the end of Mondays trade, United Parcel Service, Inc. (NYSE:UPS)‘s shares surged 0.56% to $101.40.
UPS(R) (UPS) declared that it is building a new healthcare distribution center in Roermond, the Netherlands, to accommodate growing demand. The new facility will measure close to 28,000 square meters and provide 41,000 pallet places. The declarement comes a month after UPS opened a healthcare-dedicated air freight forwarding facility at Amsterdam Airport Schiphol.
The Roermond facility, which is planned to be accomplished in January 2016, is part of UPS’s ongoing growth plan in Europe. With its close proximity to UPS’s European air hub at Cologne/Bonn airport in Germany, it allows for short transit times, counting next-day and two-day service, to global destinations. Up to 200 jobs will be created once the facility is fully operational.
United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. It operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight. The U.S. Domestic Package segment offers time-definite delivery of letters, documents, small packages, and palletized freight through air and ground services in the United States.
Deutsche Bank AG (USA) (NYSE:DB), ended its Monday’s trading session with 3.90% gain, and closed at $31.44.
Deutsche Bank AG (USA) (DB) declared its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt program of Brambles Limited (Brambles).
Brambles is a supply-chain logistics company specializing in the pooling and administration of unit-load equipment such as pallets, crates and containers. Brambles predominantly serve the consumer goods, dry grocery, fresh food, retail and general manufacturing industries. In addition, the Brambles Group has specialist businesses serving the automotive manufacturing, aerospace and oil and gas sectors. Headquartered in Sydney, Australia, the company operates in more than 60 countries and is listed on the Australian Securities Exchange.*
Deutsche Bank’s Depositary Receipts team is part of the Issuer Services business within the Bank’s Institutional Cash & Securities Services unit.
In addition to specializing in administering cross-border equity structures such as American and global depositary receipts and global registered shares, Issuer Services provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, in addition to various financial services to public sector.
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