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Friday 2 October 2015
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Current Trade Stocks Recap: Liberty Property Trust (NYSE:LPT), Computer Sciences (NYSE:CSC), PNM Resources (NYSE:PNM), Matador Resources (NYSE:MTDR)

During Wednesday’s Current trade, Shares of Liberty Property Trust (NYSE:LPT), gain 1.09% to $31.52.

Liberty Property Trust has negotiated a contract with Steiner + Associates to purchase Camden Town Center LLC, with the intent to pursue a commercial development on 16 acres of waterfront property in Camden, NJ.

Liberty envisions a transformational mixed-use development that will attract major corporations, employment and substantial third-party investment. Liberty and Robert A.M. Stern Architects have created a master plan for the development which comprises about 1.7 million square feet of office space, in addition to hotel and residential components. Liberty anticipates the office component of the development will comprise of build-to-suit projects, developed for a fee, for corporations seeking to own their own office buildings and to grow their businesses in this environment while taking advantage of the economic benefits offered through the Grow NJ program.

Liberty Property Trust is a publicly owned real estate investment holding trust. Through its partner, it provides leasing, property administration, development, acquisition, and other tenant-related services for a portfolio of industrial and office properties.

Shares of Computer Sciences Corporation (NYSE:CSC), inclined 1.42% to $60.66, during its current trading session.

Cloudera, the leader in enterprise analytic data administration powered by Apache HadoopTM, recently declared that it has partnered with CSC (CSC), a global leader in next-generation IT services and solutions, with support from Intel, to achieve industry’s most stringent security certifications for CSC’s Big Data Platform as a Service (BDPaaS) offering: PCI and HIPAA. With this achievement, BDPaaS becomes the first Hadoop-based managed service to receive PCI and HIPAA certifications.

The Payment Card Industry Data Security Standard (PCI DSS) is an industry-wide framework for protecting consumer credit card data, and its security compliance standards are generally considered the market’s most stringent. Beyond payment cards, PCI-level security is essential for many industries — counting banking, retail and healthcare — where strict requirements dictate processes for handling sensitive information such as financial data and personally identifiable information.

In achieving PCI DSS certification for its BDPaaS offering, CSC becomes the first and only global technology services firm to provide a compliance-ready Hadoop platform as a service. This means Cloudera and CSC are now able to offer a PCI-ready environment for clients looking to host sensitive data within CSC’s fully managed BDPaaS offering, which speeds and simplifies development, testing and deployment of big data applications.

Computer Sciences Corporation provides information technology (IT) and professional services and solutions primarily in North America, Europe, Asia, and Australia. The company operates through Global Business Services, Global Infrastructure Services, and North American Public Sector segments.

PNM Resources Inc (NYSE:PNM), during its Wednesday’s current trading session gained 0.25% to $27.72.

the Board of Directors of PNM Resources (PNM) declared the regular quarterly dividend of $0.20 per share on the company’s common stock. The dividend is payable Nov. 13, 2015, to shareholders of record at the close of business Nov. 2, 2015.

PNM Resources, Inc., together with its auxiliaries, operates in energy and energy-related businesses in the United States. It is primarily involved in the generation, transmission, and distribution of electricity.

Finally, Matador Resources Co (NYSE:MTDR), gained 4.29%, to $21.17.

Matador Resources Company (MTDR) (“Matador”) is offering to exchange $400 million of its outstanding 6.875% Senior Notes due 2023, which were privately placed on April 14, 2015, for a like principal amount of 6.875% Senior Notes due 2023 that have been registered under the Securities Act of 1933, as amended (the “Securities Act”). The exchange notes are being offered following a registration rights agreement formerly reached in connection with the issuance of the outstanding notes.

The terms of the exchange notes are substantially the same as the terms of the outstanding notes, except that the exchange notes have been registered under the Securities Act and the transfer restrictions, registration rights and provisions for additional interest regarding the outstanding notes do not apply to the exchange notes. Any outstanding original notes that are not exchanged will continue to be subject to the existing transfer restrictions.

The exchange offer will expire at 5:00 p.m., New York City time, on October 20, 2015, unless extended. Tenders of the original notes must be made before the exchange offer expires and may be withdrawn at any time before the exchange offer expires.

Matador Resources Company, an independent energy company, engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States.

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