On Tuesday, Shares of New York REIT Inc (NYSE:NYRT), lost -1.67% to $10.03.
First Winthrop Corporation, a private real estate administration and investment company whose executive administration team has served as external advisors to multiple real estate investment trusts, and The Witkoff Group recently released a letter recently sent to the Board of Directors of New York REIT, Inc. (NYRT), expressing their views on recent actions taken by NYRT.
New York REIT, Inc. focuses on acquiring commercial real estate, in addition to acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City.
Shares of Ingersoll-Rand PLC (NYSE:IR), inclined 0.33% to $67.45, during its last trading session.
Thermo King, a manufacturer of transport temperature control solutions for a variety of mobile applications and a brand of Ingersoll Rand (IR), declared that it will start to offer North American customers new options for trailer and self-powered products with lower global warming potential (GWP), pending approval by the U.S. Environmental Protection Agency (EPA) under the Noteworthy New Alternatives Policy (SNAP) program.
These new trailer and self-powered truck products are safe, energy efficient and reliable, and use a next generation refrigerant that reduces GWP by around half contrast to refrigerants that are presently being used for these applications. Thermo King, in close partnership with refrigerant manufacturer, Chemours, selected Opteon XP44 (R-452A) for this alternative offering of transport refrigeration products. Thermo King will continue to offer its transport customers its current line of transport refrigeration products, and ensure that optimum levels of service are offered throughout the products’ lifecycle until customers are ready to transition.
Ingersoll-Rand plc, together with its auxiliaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products. It operates through Climate and Industrial segments.
Finally, CME Group Inc (NASDAQ:CME), ended its last trade with -0.89% loss, and closed at $97.22.
CME Group Executive Chairman and President Terry Duffy will appear before the U.S. House Committee on Agriculture on Wednesday, July 8, to talk about How Lifting the Oil Export Ban Impacts the Rural Economy and Futures Markets.
“In the 1970’s, the U.S. government imposed a ban on the export of crude oil that put our nation’s energy producers at a competitive disadvantage and harmed market efficiency,” said Duffy. “Repealing this decades-old ban would strengthen the position of the U.S. as an energy leader, benefit energy markets through more robust price discovery, and benefit our economy by eliminating needless barriers to trade in crude oil.”
CME Group Inc., through its auxiliaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products for trading and/or clearing across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals.
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