On Thursday, Shares of Hewlett-Packard Company (NYSE:HPQ), gained 0.56% to $30.69, after the company filed regulatory documents with the Securities and Exchange Commission on Wednesday confirming its long discussed plan to split up in October.
The two independent public companies will be Hewlett Packard Enterprise, a new corporate technology company and HP Inc., which will own and operate the printing and personal systems businesses, Hewlett-Packard stated.
By creating two smaller companies, Hewlett-Packard will be able to better stream its overall business, and be more focused, Fortune reports.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide.
Shares of New York REIT, Inc. (NYSE:NYRT), declined -0.50% to $9.83, during its last trading session.
New York REIT, declared that, following the preceding authorization of its board of directors, NYRT intends to continue payment of monthly distributions at an annualized rate of $0.46 per share or $0.115 per share on a quarterly basis. Distributions will be paid on a monthly basis to stockholders of record at the close of business on the eighth day of each month, payable on the 15th day of such month, in each case, unless such date is a non-business day. Accordingly, on July 15, 2015, August 14, 2015, and September 15, 2015, NYRT will pay a distribution of $0.038333333 per share to stockholders of record at the close of business on July 8, 2015, August 7, 2015, and September 8, 2015, respectively.
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.
Finally, Canadian National Railway Company (NYSE:CNI), ended its last trade with 0.81% gain, and closed at $58.55.
Canadian National Railway Company, will issue its second-quarter 2015 financial and operating results on July 20, 2015 , at 4.01 p.m. Eastern Daylight Time (EDT).
CN’s senior officers will review the results and the railway’s outlook in a webcast/conference call starting at 4.30 p.m. EDT July 20 . Claude Mongeau, CN president and chief executive officer, will lead the call.
Canadian National Railway Company, together with its auxiliaries, engages in rail and related transportation business in North America. It offers transportation services that comprise rail, intermodal container, and trucking services; and supply chain solutions, counting warehousing and distribution, cargoflo, logistics parks, freight forwarding, customs brokerage service, industrial development, and marine services.
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