On Thursday, CYS Investments Inc (NYSE:CYS)’s shares inclined 1.88% to $8.69.
CYS Investments Inc (CYS) CYS Investments Inc (CYS) declared a quarterly dividend of $0.28 per share of common stock for the second quarter of 2015. The common stock dividend will be paid on July 15, 2015 to stockholders of record of common stock on June 22, 2015.
In accordance with the terms of the 7.75% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”) of the Company, the Board of Directors of the Company has declared a Series A Preferred Stock cash dividend of $0.484375 per share of Series A Preferred Stock for the quarterly period that began on April 15, 2015, and ends on July 14, 2015. This dividend is payable on July 15, 2015 to stockholders of record of Series A Preferred Stock as of July 1, 2015.
CYS Investments, Inc., a specialty finance company, invests in residential mortgage pass-through securities in the United States. It also focuses on investing in residential mortgage-backed securities that are issued and the principal and interest of which are guaranteed by a federally chartered corporation (Agency RMBS); debt securities issued by the United States Department of Treasury or a government sponsored entity; and collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS.
Paychex, Inc. (NASDAQ:PAYX)’s shares gained 0.31% to $48.25.
Paychex, Inc. (PAYX) CEO Martin Mucci stated in a phone interview, they believe that this is not the start of a trend but indicative of what they have seen with economic data as it has been inconsistent but still showing overall moderate growth. While the index showed a decline, the trend still signals moderate growth as the reading is over 100.”
A monthly measure of change in small business employment in the U.S., the Paychex/IHS Small Business Jobs Index tracks worker counts. An upward trend represents a strengthening job market, while a downward trend is a sign of a slowdown.
Many regions registered a decline last month. The West-North Central area exhibited the lowest growth rate for the second successive month. The East-North Central region now has the top-ranked position of all the regional indices.
On the state level, Indiana was the one with the highest ranking, demonstrating the best one-month and 12-month growing rates. After having solid total employment growth in April and May as stated by the Bureau of Labor Statistics, Indiana’s ranking climbed to 103.65. Illinois also logged growth, of 0.34%, in May contrast April. With a 102.31 ranking, Michigan saw improvement as its economy transitions to being more technology-based and has call centers, Mucci explained.
Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that comprise the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and administration reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients payroll obligations.
At the end of Thursday’s trade, Select Medical Holdings Corporation (NYSE:SEM)‘s shares surged 0.18% to $16.25.
Select Medical Holdings Corporation (SEM) uncovered that MJ Acquisition Corporation, a joint venture that Select Medical Corporation (“Select”) formed with Welsh, Carson, Anderson & Stowe XII, L.P., has completed its previously announced acquisition of Concentra Inc. Cressey & Company has also invested in the new joint venture.
Select Medical Holdings Corporation, through its partner, Select Medical Corporation, operates specialty hospitals and outpatient rehabilitation clinics in the United States. It operates in two segments, Specialty Hospitals and Outpatient Rehabilitation. The Specialty Hospitals segment provides long term acute care hospital services and inpatient acute rehabilitative hospital care.
Global Partners LP (NYSE:GLP), ended its Thursday’s trading session with -6.00% loss, and closed at $37.26.
Global Partners LP (GLP) declared that it has priced an offering of 3,000,000 common units representing limited partner interests in Global at $38.12 per common unit in an offering registered under the Securities Act of 1933, as amended. In connection with the offering, Global granted the underwriters a 30-day option to purchase up to 450,000 additional common units. Global intends to use the net proceeds from this offering to reduce indebtedness outstanding under its revolving credit facility. Global anticipates to close the sale of common units on June 16, 2015, subject to customary closing conditions.
Barclays, BofA Merrill Lynch, Wells Fargo Securities, Deutsche Bank Securities, J.P. Morgan and Raymond James are acting as joint book-running managers for the offering.
Global Partners LP, a midstream logistics and marketing company, distributes gasoline, distillates, residual oil, renewable fuels, crude oil, natural gas, and propane to wholesalers, retailers, and commercial customers in the New England states and New York. It operates in three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial.
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