On Friday, Shares of Host Hotels & Resorts, Inc. (NYSE:HST), surged 1.78% to $20.60.
Host Hotels & Resorts, declared that as part of a leadership reorganization of its investment team, James F. Risoleo, presently executive vice president and managing director – Europe, has also assumed managing director responsibilities for all the company’s West Coast investment activities. Nathan S. Tyrrell, presently senior vice president and treasurer, has become managing director of investment activities in the East. Mr. Risoleo and Mr. Tyrrell will report directly to the company’s chief executive officer, W. Edward Walter. Jay L. Johnson, presently vice president and assistant treasurer has been elected senior vice president and treasurer and will report directly to the company’s chief financial officer, Gregory J. Larson.
Mr. Risoleo, who has been with the company since 1996, has overseen investments in Europe since the inception of the company’s activities in 2006. Formerly, he served as executive vice president and chief investment officer from 2000 to 2011.
Mr. Tyrrell, who joined the company in 2005, has served as senior vice president and treasurer of the company since 2010. He has led the company’s planned planning efforts and has been a member of the investment committee since 2012.
Mr. Johnson, presently vice president and assistant treasurer, joined the company in 2010. Mr. Johnson led the efforts related to the company’s new credit facility in 2014 and handled all mortgage loans related to our foreign investments. Preceding to joining Host, Mr. Johnson was a vice president at KeyBank Real Estate Capital.
Struan B. Robertson, who has acted as chief investment officer since 2013, will remain with the Company until May 1, 2015. He will continue to serve as an executive vice president reporting to W. Edward Walter.
Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland.
Shares of ITC Holdings Corp. (NYSE:ITC), gained 1.76% to $36.37, during its last trading session.
ITC Holdings, declared that Christine Mason Soneral has been promoted to senior vice president and general counsel. She formerly served as vice president and general counsel.
Ms. Mason Soneral is responsible for ITC’s Legal Department, which comprises the legal, corporate secretary, real estate, contract administration and corporate compliance functions.
Ms. Mason Soneral joined ITC in 2007. She formerly served as a partner in a private law practice in Lansing, Mich., with a primary focus on energy issues in representing clients before state and federal trial courts, appellate courts and regulatory agencies.
Ms. Mason Soneral earned her Juris Doctor degree from Indiana University Maurer School of Law-Bloomington and her bachelor’s degree from Michigan State University, where she remains actively involved as a guest lecturer, member of the Department of Political Science’s External Advisory Board and was a past officer of the Alumni Association Board. Ms. Mason Soneral was also recently recognized as one of Metro Detroit’s distinguished “Women Who Lead.”
ITC Holdings Corp., together with its auxiliaries, engages in the transmission of electricity in the United States. The company functions as conduit, allowing for power from generators to be transmitted to local distribution systems through its own systems or in conjunction with neighboring transmission systems.
At the end of Friday’s trade, Shares of The Blackstone Group L.P. (NYSE:BX), gained 1.70% to $41.85.
The Blackstone Group, declared the closing of its formerly declared underwritten public offering of its class A common stock. A total of 23,000,000 shares of class A common stock was sold, comprised of 20,000,000 shares initially offered and an additional 3,000,000 shares sold following the underwriters’ full exercise of their option to purchase additional shares, in each case at a public offering price of $30.50 per share. Aggregate net proceeds to the Company, after estimated offering expenses, were about $681.8 million.
Citigroup, BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities and Morgan Stanley acted as joint book-running managers for the offering. Barclays, Blackstone Capital Markets, UBS Investment Bank, Deutsche Bank Securities, Evercore ISI, FBR, JMP Securities and Keefe, Bruyette & Woods, A Stifel Company acted as co-managers.
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios.
Finally, Coeur Mining, Inc. (NYSE:CDE), ended its last trade with 1.58% gain, and closed at $5.78.
Coeur Mining, declared that the proposals related to the formerly declared acquisition of Paramount Gold and Silver Corp. were approved by both Coeur stockholders and Paramount stockholders and that the transaction has closed.
Based on the vote results at a special meeting of Coeur stockholders held recently, Coeur’s proposal was approved by Coeur stockholders owning about 98.2% of shares voted. Based on the vote results at a special meeting of Paramount stockholders held recently, Paramount’s proposal was approved by Paramount stockholders owning about 96.9% of shares voted.
Coeur Mining, Inc., through its auxiliaries, engages in the ownership, operation, exploration, and development of silver and gold mining properties primarily in the United States, Mexico, Bolivia, Argentina, Australia, Ecuador, Chile, and New Zealand.
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.
