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Tuesday 23 June 2015
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Pre-Market News Analysis on: Liberty Property Trust (NYSE:LPT), DCT Industrial Trust (NYSE:DCT), Marsh & McLennan Companies, (NYSE:MMC), Ingersoll-Rand (NYSE:IR)

On Tuesday, Liberty Property Trust (NYSE:LPT)’s shares inclined 0.06% to $33.38.

Liberty Property Trust (LPT) will host its second quarter results conference call on Tuesday, July 28, 2015, at 1:00 P.M., ET. The call can be accessed by dialing (855) 277-7530 and entering the passcode 70954569. The conference call will also be accessible live at www.libertyproperty.com in the “Investor Relations” section of the site. Liberty will issue a press release detailing results the same day before the market opens.

Liberty Property Trust is a publicly owned real estate investment holding trust. Through its partner, it provides leasing, property administration, development, acquisition, and other tenant-related services for a portfolio of industrial and office properties. The firm invests in industrial properties counting various warehouse, distribution, service, assembly, light manufacturing, and research and development facilities.

DCT Industrial Trust Inc (NYSE:DCT)’s shares gained 1.67% to $32.34.

Higher ceilings are the latest trend in warehouse real estate, but some builders say they could do more harm than good.

Speaking on a panel at the NAIOP Commercial Real Estate Development Association’s Industrial Conference in Long Beach, Calif., on Wednesday, executives from Prologis Inc., DCT Industrial Trust Inc., Panattoni Development Co. and The McShane Companies debated the merits of 36-foot and 40-foot clearance.

Proponents say aiming for such great heights can attract prime clients such as Wal-Mart Stores Inc.’s Walmart.com or Amazon.com Inc., who need the extra space as the booming e-commerce sector continues to grow. Prologis is presently constructing—on spec—a one-million-square-foot warehouse in Tracy, Calif., that will have 40-foot-high ceilings, which is 25% taller than the typical 32 feet.

But some builders on the panel said many warehouse tenants can’t make good use of that extra space because they don’t have the right equipment or know-how to use it efficiently.

DCT Industrial Trust Inc. operates as a publicly owned real estate investment trust. The firm provides its services to companies. Through its fund, it engages in the ownership, operation, and development of real estate properties. The firm specializes in the ownership, acquisition, development, and administration of institutional capital administration program. It invests in the real estate markets of United States and Mexico. The firm is also invests in selected international markets.

At the end of Tuesday’s trade, Marsh & McLennan Companies, Inc. (NYSE:MMC)‘s shares surged 0.36% to $59.03.

Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies (MMC), today announced the launch of the Mercer Pension Risk ExchangeSM (the “exchange”).The exchange is a groundbreaking solution that helps plan sponsors execute group annuity buyouts in a shorter timeframe and in a more competitive pricing environment. As the first platform of its kind, the exchange increases liquidity and price transparency by enabling plan sponsors to continuously monitor pricing and contract terms available in the group annuity market. The exchange also provides sponsors with greater exposure to a wider array of insurers that could potentially act as transactional counterparts for a buyout.

The exchange provides real-time online annuity pricing and trigger monitoring, combining a suite of buyout advisory and execution services. These comprise:

  • Deal readiness:streamlining the process by creating an industry standard for data preparation and document specification.
  • Dynamic monitoring:monitoring prices and metrics in real time to identify when conditions are optimal to execute.
  • Execution support:providing comprehensive support to sponsors and fiduciaries to assist navigate the complexities of the buyout execution – ranging from insurer due diligence and asset preparation through to contract negotiation.

Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk administration services, such as risk advice, risk transfer, risk control, and mitigation solutions, in addition to insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services.

Ingersoll-Rand PLC (NYSE:IR), ended its Tuesday’s trading session with 0.03% gain, and closed at $69.06.

Smart home technology leader Nexia™ Home Intelligence, a brand of Ingersoll Rand (IR), declared advanced diagnostic features for heating, ventilation and air conditioning (HVAC) systems to give homeowners added peace of mind their system is performing optimally. When a homeowner opts in to Nexia Diagnostics, they allow remote HVAC system monitoring by their preferred HVAC dealer, which can assist prevent minor issues from turning into major repairs.

The diagnostic features are free for homeowners and their HVAC dealers. Accessible with Trane and American Standard Wi-Fi-enabled thermostats and a free Nexia account, the diagnostic features extend the value of the Nexia Home Intelligence system by providing HVAC technicians real-time and historical performance data on one of the home’s most expensive and complicated pieces of equipment.

Once a homeowner opts in, the local dealer can access a secure website with real-time intelligence about how the customer’s system is performing. System alerts, from routine maintenance needs to system malfunctions, are automatically sent to the dealer, who can then proactively notify customers and address the issue quickly.

Ingersoll-Rand plc, together with its auxiliaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products. It operates through Climate and Industrial segments. The Climate segment offers heating, ventilation, and air conditioning (HVAC) systems, in addition to commercial and residential building services, parts, support, and controls under the Trane and American Standard brands; and transport temperature control solutions under the Thermo King brand. It offers air cleaners and conditioners, air exchangers, air handlers, airside and terminal devices, building administration systems, bus and rail HVAC systems, chillers, coils and condensers, container refrigeration systems and gensets, control systems, cryogenic and diesel-powered refrigeration systems, furnaces, heat pumps, humidifiers, package heating and cooling systems, temporary heating and cooling systems, thermostats, trailer refrigeration systems, unitary systems, and vehicle-powered truck refrigeration systems; and auxiliary idle reduction, auxiliary temperature administration, energy and facility administration, installation and performance contracting, and repair and maintenance services.

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