During Wednesday’s Current trade, Shares of DDR Corp (NYSE:DDR), lost -0.06% to $16.13.
DDR Corp. (DDR) declared that it closed on the acquisition of two power centers and an adjoining outparcel valued at $111 million and the disposition of ten assets totaling $102 million at 100% ownership during the second quarter of 2015.
The Company attained Willowbrook Plaza, a 385,000-square-foot power center located in Houston, Texas. The asset is adjacent to Willowbrook Mall, one of Houston’s top performing malls, and presents noteworthy opportunity to drive occupancy and NOI growth given its current 87% leased rate. The asset also has the potential for at least 10,000 square feet of expansion. DDR also attained International Drive Value Center, a 186,000-square-foot power center located in Orlando, Florida. The center’s tenant lineup features a strong mix of national retailers, counting two of the highest-performing Ross Dress for Less and T.J. Maxx stores in each respective chain. The asset is located in a submarket with two of the nation’s most productive retail properties, the Mall at Millenia and Orlando International Premium Outlets. Year-to-date, the Company has attained $160 million of assets at DDR’s share.
DDR Corp. is an equity real estate investment trust. It invests in the real estate markets of the United States and Puerto Rico. The firm is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. It formerly known as Developers Diversified Realty Corp. DDR Corp is based in Beachwood, Ohio.
Shares of LinkedIn Corp (NYSE:LNKD), inclined 0.99% to $196.58, during its current trading session.
LinkedIn Corporation (LNKD), the world’s largest professional network on the Internet, with about 380 million members, stated its results for the second quarter of 2015. The transcript with prepared remarks is contained within this release.
Revenue for Q2’15 was $712 million, an enhance of 33% contrast to the same quarter last year; and on a constant currency basis an enhance of 38% contrast to the same quarter last year.
- Talent Solutions revenue (inclusive of Learning & Development) was $443 million, an enhance of 38% contrast to the same quarter last year.
- Marketing Solutions revenue was $140 million, an enhance of 32% contrast to the same quarter last year.
- Premium Subscriptions revenue was $128 million, an enhance of 22% contrast to the same quarter last year.
LinkedIn Corporation, together with its auxiliaries, operates an online professional network worldwide. The company, through its proprietary platform, allows members to create, manage, and share their professional identity online; build and engage with their professional networks; access shared knowledge and insights; and find business opportunities.
Vonage Holdings Corp. (NYSE:VG), during its Wednesday’s current trading session gained 2.24% to $6.40.
Vonage Holdings Corp. (VG), a leading provider of cloud communications services for consumers and businesses, has designated Omar Javaid as Chief Product Officer. Mr. Javaid will join the Company on August 3 and report to Chief Executive Officer Alan Masarek.
Mr. Javaid will be responsible for the Company’s overall product strategy. He will work with teams across the organization to define and execute Vonage’s product roadmap for Consumer Services and Vonage Business.
Mr. Javaid has more than 20 years of experience creating award-winning products in the technology industry with a focus on telecommunications, media and web product development. He joins Vonage from Rovi Corporation, a cloud-based entertainment discovery company, where he was Senior Vice President and General Manager of Discovery and Cloud Platforms.
Preceding to Rovi, Mr. Javaid held positions as Vice President and General Manager of Commercial Mobility, and Vice President of Product Administration and Marketing for Hewlett-Packard. He has also held executive positions at Motorola Mobility and Qualcomm, Inc. An entrepreneur, Mr. Javaid founded and led two successful technology startups. He earned a B.S. in Chemistry and a B.S. in Cellular and Molecular Biology from the University of Michigan.
Vonage Holdings Corp. provides unified communications as a service solutions connecting people through cloud-connected devices worldwide. The company offers home telephone replacement services to residential customers through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, in addition to area code selection, virtual phone number, and Web-enabled voicemail.
Finally, Vulcan Materials Company (NYSE:VMC), gained 0.99%, to $97.00.
The Board of Directors of Vulcan Materials Company (VMC) declared a quarterly cash dividend of ten cents per share on its common stock. The dividend will be payable on September 10, 2015, to shareholders of record at the close of business on August 25, 2015.
Vulcan Materials Company produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. It operates through four segments: Aggregates, Asphalt Mix, Concrete, and Calcium. The Aggregates segment offers crushed stone, sand and gravel, sand, and other aggregates, in addition to related products and services.
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