On Wednesday, Spirit AeroSystems Holdings, Inc. (NYSE:SPR)’s shares inclined 1.51% to $48.34.
Spirit AeroSystems Inc. [SPR] declared it has accomplished the first fuselage to Bell Helicopter for the Joint Multi-Role Technology Demonstrator (JMR-TD) program. The unit was designed and assembled in Spirit’s rapid prototyping facility in Wichita, Kan. , in just 22 months. The composite fuselage is being prepped to ship to Bell’s Amarillo, Texas , facility for final assembly.
Spirit AeroSystems Holdings, Inc., through its auxiliaries, operates as a non-original equipment manufacturer (OEM) that designs, engineers, and manufactures large commercial aircraft structures worldwide. It operates through three segments: Fuselage Systems, Propulsion Systems, and Wing Systems.
American Campus Communities, Inc. (NYSE:ACC)’s shares dropped -1.44% to $36.24.
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.
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.
Balance Sheet Administration and Capital Allocation Strategy
As formerly declared, on September 15, 2015, the company priced a $400 million offering of senior unsecured notes under its existing shelf registration. These five-year notes were issued at 99.811 percent of par value with a coupon of 3.35 percent and are fully and unconditionally guaranteed by the Company.
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.
At the end of Wednesday’s trade, Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY)‘s shares dipped -3.35% to $37.83.
Dave & Buster’s Entertainment, Inc., (PLAY), (“Dave & Buster’s” or the “Company”), an owner and operator of dining and entertainment venues, declared a projected secondary public offering of 6,000,000 shares of common stock by certain of the Company’s stockholders (the “Offering”). Additionally, these stockholders intend to grant the underwriters the option to purchase up to 900,000 additional shares of common stock. The selling stockholders will receive all proceeds from the sale of these shares.
Jefferies LLC and Piper Jaffray & Co. are acting as lead book-runners for the Offering. William Blair & Company, L.L.C., Raymond James & Associates, Inc. and Stifel are also acting as book-runners for the Offering. BMO Capital Markets Corp. is acting as co-manager for the Offering.
Dave & Buster’s Entertainment, Inc. owns and operates venues that combine dining and entertainment for adults and families in North America. Its venues offer a menu of Fun American New Gourmet entrées and appetizers, in addition to a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events. The company operates its venues under the Dave & Buster’s and Dave & Buster’s Grand Sports Café names.
Vantiv Inc (NYSE:VNTV), ended its Wednesday’s trading session with 0.65% gain, and closed at $44.92.
Vantiv, Inc. (VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, declared that it will host a conference call to talk about its third quarter 2015 financial results on Wednesday, Oct. 28 at 8:00 a.m. EDT. A press release with third quarter 2015 financial results will be issued at about 7:00 a.m. EDT that same day.
Vantiv, Inc., through its partner, Vantiv Holding, LLC. provides payment processing services in the United States. It operates through two segments, Merchant Services and Financial Institution Services.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
