On Tuesday, Brocade Communications Systems, Inc. (NASDAQ:BRCD)’s shares inclined 1.47% to $10.35.
Brocade ( BRCD) declared that it will take part in following investor financial conference.
Deutsche Bank 23rd Annual Leveraged Finance Conference
Tuesday, September 29, 2015
2:15 p.m. to 2:50 p.m. MDT
Phoenician Hotel, Scottsdale, AZ
Robert Eggers, VP Finance and Jean Furter, VP Treasury
Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol networking solutions for businesses and organizations worldwide. It operates through SAN Products, IP Networking Products, and Global Services segments.
First Industrial Realty Trust, Inc. (NYSE:FR)’s shares gained 0.35% to $19.80.
First Industrial Realty Trust, Inc. (FR), declared results for the second quarter of 2015. Diluted net income accessible to common stockholders per share (EPS) was $0.13, contrast to $0.04 in the year ago quarter.
First Industrial’s second quarter diluted FFO was $0.35 per share/unit, contrast to $0.28 per share/unit a year ago.
Both EPS and FFO per share results for the second quarter of 2015 reflect a $0.01 gain related to the settlement of the interest rate protection agreement in the second quarter as formerly revealed.
Portfolio Performance – Second Quarter 2015
- In-service occupancy was 95.1% at the end of the second quarter, contrast to 94.3% at the end of the first quarter of 2015, and 93.0% at the end of the second quarter of 2014.
- Tenants were retained in 83.4% of square footage up for renewal.
- Same property cash basis net operating income (NOI) raised 4.7%. Counting lease termination fees, same property NOI raised 5.3%. Both measures exclude the impact of the $0.8 million portion of a one-time restoration fee recognized during the second quarter of 2014.
- Rental rates raised 4.0% on a cash basis and raised 11.9% on a GAAP basis; leasing costs were $2.92 per square foot.
First Industrial Realty Trust Inc. is a real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in industrial properties. The firm owns, manages, acquires, sells, develops, and redevelops industrial real estate. First Industrial Realty Trust Inc. formed on August 10, 1993 and is domiciled in the United States.
At the end of Tuesday’s trade, SAP SE (ADR) (NYSE:SAP)‘s shares surged 1.64% to $66.88.
SAP SE (SAP) will showcase new technology, applications and software to run the next generation of smart cities and drive urban mobility at the International Motor Show (IAA) in Germany from Sept. 16-27 in Frankfurt. We are focused on creating intelligent, open and flexible solutions that foster the urban ecosystems in which we live and work,” said Dr. Jurgen Muller, head of Innovation Center Network, SAP SE. “As cities grow fast and face challenges in terms of resources and infrastructure, they need transparent, collaborative and innovative technology to help them prosper.”
SAP will present the following innovations at IAA’s New Mobility World exhibition. Through demonstration pods and a stage program, participants will be able to see how cities use SAP® technology to become smarter.
SAP SE provides application and analytics software and software-related services for enterprises worldwide. The company offers solutions covering various lines of businesses, counting asset administration, commerce, finance, human resources, manufacturing, marketing, sales, service, sourcing and procurement, supply chain, and sustainability, in addition to research and development, and engineering.
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