On Monday, Tesoro Corporation (NYSE:TSO)’s shares declined -3.10% to $98.38.
Tesoro Corporation (TSO), together with Savage and BNSF Railway, gave local business leaders an opportunity to observe and learn about the improved safety features of Tesoro’s new DOT 120 crude oil rail cars at the Port of Vancouver USA.
In addition to showcasing the rail cars, officials with Tesoro and Savage, who are joint venture partners in the projected Vancouver Energy terminal at the Port of Vancouver USA, presented new public opinion research results showing strong support for the terminal by voters in Clark County.
The event focused on crude oil-by-rail safety in Washington state; the safe operations and handling of crude oil at the Port of Vancouver USA and projected Vancouver Energy crude oil-by-rail to marine loading terminal; and the DOT 120 rail cars’ additional features that make them safer and better equipped to transport crude oil than previous models. The rail cars meet the safety requirements of the new U.S. Department of Transportation standard with a thicker tank shell, full-height head shields, a tank jacket and upgraded bottom outlet valve handle. Features that exceed the new standard comprise a thicker tank head than required; both thermal protection and a high-flow pressure relief valve; protective housing for the manway; and two times the rated tank test pressure.
Tesoro Corporation, through its auxiliaries, engages in petroleum refining and marketing activities in the United States. It operates in three segments: Refining, Tesoro Logistics LP (TLLP), and Retail.
At the end of Monday’s trade, Cal-Maine Foods Inc (NASDAQ:CALM)‘s shares dipped -12.16% to $50.63.
Cal-Maine Foods, Inc. (CALM) stated results for the first quarter of fiscal 2016 ended August 29, 2015.
Net sales for the first quarter of fiscal 2016 were $609.9 million, contrast with net sales of $356.9 million for the first quarter of fiscal 2015. The Company stated net income of $143.0 million, or $2.97 per basic share and $2.95 per diluted share, for the first quarter of fiscal 2016, contrast with $27.7 million, or $0.57 per basic and diluted share, for the first quarter of fiscal 2015.
The net income per share numbers for the first quarter of fiscal 2016 and fiscal 2015 reflect the two-for-one stock split for shares of the Company’s common stock and Class A common stock, effective October 31, 2014.
Cal-Maine Foods, Inc. produces, grades, packages, markets, and distributes shell eggs. It offers specialty shell eggs, such as nutritionally improved, cage free, organic, and brown eggs under the Egg-Land’s Best, Land O Lake, Farmhouse, and 4-Grain brand names, in addition to under private labels.
Boston Properties, Inc. (NYSE:BXP), ended its Monday’s trading session with -1.71% loss, and closed at $114.50.
Boston Properties, Inc. (BXP), a real estate investment trust, declared recently that its Board of Directors declared a regular quarterly cash dividend of $0.65 per share of common stock for the period July 1, 2015 to September 30, 2015 payable on October 30, 2015 to shareholders of record as of the close of business on September 30, 2015.
The Board of Directors also declared a regular quarterly cash dividend upon the Company’s 5.25% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”). The cash dividend of $0.328125 per depositary share is payable on November 16, 2015 to shareholders of record as of the close of business on November 5, 2015 and covers the period from August 16, 2015 to November 15, 2015. Each depositary share represents 1/100th of a share of Series B Preferred Stock.
Boston Properties, Inc., a real estate investment trust (REIT), together with its auxiliaries, engages in the ownership and development of office properties. Its properties are located in Boston, Massachusetts; Washington, D.C.; midtown Manhattan, New York; San Francisco, California; and Princeton, New Jersey.
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