On Friday, Shares of Spirit Realty Capital, Inc. (NYSE:SRC), surged 0.51% to $11.80.
Spirit Realty Capital, declared the closing of its public offering of 23 million shares of its common stock, which comprises the full exercise of the underwriter’s option to purchase additional shares.
The offering generated net proceeds of about $268.9 million, after deducting the underwriting discount and other estimated expenses payable by Spirit, which will be used to repay the outstanding balance under Spirit’s revolving credit facility, to fund potential future acquisitions and for general corporate purposes.
Morgan Stanley was the sole book-runner for the offering. Copies of the final prospectus supplement and accompanying prospectus for the offering may be obtained, when accessible, by contacting Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department.
Spirit Realty Capital, Inc is a publicly traded real estate investment trust. The firm primarily attains across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.
Shares of VMware, Inc. (NYSE:VMW), gained 0.51% to $85.07, during its last trading session.
VMware, declared the company is transforming hybrid cloud security for mobile end users through the combination of VMware NSX™ network virtualization and the company’s business mobility solutions, AirWatch® by VMware and VMware Horizon®.
“VMware is a driving force in assisting to evolve security inside the data center through micro-segmentation with VMware NSX, and on the device level through capabilities such as per-application VPN,” said Noah Wasmer, vice president of product administration and CTO, End-User Computing, VMware. “Recently we are bringing the power of these two solutions together to deliver the ability to implement a fully-segmented virtualized data center network that meets the unique challenges presented by today’s mobile end users.”
VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company’s virtualization infrastructure solutions comprise a suite of products designed to deliver a software-defined data center (SDDC), run on industry-standard desktop computers and servers, and support a range of operating system and application environments, in addition to networking and storage infrastructures.
At the end of Friday’s trade, Shares of Kinder Morgan, Inc. (NYSE:KMI), gained 0.50% to $43.90.
Kinder Morgan, declared that its board of directors approved an raise in its quarterly cash dividend to $0.48 ($1.92 annualized) payable on May 15, 2015, to shareholders of record as of the close of business on April 30, 2015. This represents a 14 percent raise over the first quarter 2014 dividend of $0.42 per share ($1.68 annualized) and is up from $0.45 per share ($1.80 annualized) for the fourth quarter of 2014.
KMI stated first quarter distributable cash flow before certain items of $1.242 billion as compared to $573 million for the comparable period in 2014. This raise is primarily attributable to the KMI merger transactions accomplished in November 2014. Distributable cash flow per share before certain items was $0.58 contrast to $0.55 for the first quarter last year. First quarter net income before certain items was $445 million contrast to $624 million for the same period in 2014. Certain items after tax in the first quarter totaled a net gain of $14 million contrast to a net loss of $23 million for the same period last year. Net income was $459 million contrast to $601 million for the first quarter last year. The decrease in net income before certain items was driven by higher interest expense, book taxes and DD&A expense.
Kinder Morgan, Inc. operates as an energy infrastructure and energy company in North America. The company operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments.
Finally, Polaris Industries Inc. (NYSE:PII), ended its last trade with 0.47% gain, and closed at $142.55.
The National Association of Manufacturers (NAM) awarded Senator John Thune (R-SD) the NAM Award for Manufacturing Legislative Excellence at an event hosted by Polaris Industries, in Vermillion, South Dakota.
Key Votes included in the Voting Record are selected by small, medium and large manufacturing executives who serve on the NAM’s Key Vote Advisory Committee.
Polaris Industries Inc., together with its auxiliaries, designs, engineers, manufactures, and markets off-road vehicles, snowmobiles, motorcycles, and small vehicles primarily in the United States, Canada, Western Europe, Australia, and Mexico.
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