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Sunday 20 September 2015
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News Alert on: Fulton Financial (NASDAQ:FULT), Boardwalk Pipeline Partners, (NYSE:BWP), Simon Property Group Inc(NYSE:SPG), Dover Corp(NYSE:DOV)

On Thursday, Fulton Financial (NASDAQ:FULT)’s shares declined -2.51% to $12.05.

The Board of Directors of Fulton Financial Corporation ( FULT) has declared a quarterly cash dividend of nine cents per share on its common stock, payable on October 15, 2015, to shareholders of record as of October 1, 2015.

Fulton Financial Corporation is a Lancaster, Pennsylvania-based financial holding company that has banking offices in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through the following associates, headquartered as indicated: Fulton Bank, N.A., Lancaster, PA; Swineford National Bank, Middleburg, PA; Lafayette Ambassador Bank, Bethlehem, PA; FNB Bank, N.A., Danville, PA; Fulton Bank of New Jersey, Mt. Laurel, NJ; and The Columbia Bank, Columbia, MD.

Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. It offers personal banking services that comprise various checking account and savings deposit products, certificates of deposit, and individual retirement accounts.

Boardwalk Pipeline Partners, LP (NYSE:BWP)’s shares gained 2.31% to $14.20.

Alerian declared that following the close of business on Friday, September 18, Boardwalk Pipeline Partners LP (BWP), Columbia Pipeline Partners LP (CPPL), and Vanguard Natural Resources LLC (VNR) will be added to the Alerian MLP Index (AMZ) and the Alerian MLP Equal Weight Index (CME:AMZE).

Boardwalk Pipeline Partners provides transportation, storage, gathering and processing of natural gas and liquids. Columbia Pipeline Partners owns, operates, and develops natural gas pipelines, storage, and related midstream assets. Vanguard Natural Resources focuses on the acquisition, production, and development of oil and natural gas properties.

The 50 constituents of the Alerian MLP Index will be rebalanced on a float-adjusted, capitalization-weighted basis in accordance with the existing index methodology. The 50 constituents of the Alerian MLP Equal Weight Index will be rebalanced on an equal-weighted basis in accordance with the existing index methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.

At the end of Thursday’s trade, Simon Property Group Inc(NYSE:SPG)‘s shares surged 0.80% to $184.88.

Simon, a global leader in retail real estate, declared the location for its Tulsa Premium Outlets® in the City of Jenks, Oklahoma.

This much-anticipated project will be built along the south side of Creek Turnpike just west of the Arkansas River in Jenks’s River District. The first phase of the development will be about 325,000 square feet and feature 80 to 90 stores offering residents and tourists exceptional brands at extraordinary savings. Construction in Jenks is planned to start in spring 2016 with an opening in summer 2017.

Simon has long been active in Tulsa as it owns Woodland Hills Mall and has invested noteworthy capital in that property, counting the dramatic makeover of the food area renamed “Dining at the Hills,” making it Oklahoma’s signature retail destination.

Simon Property Group, Inc. is an equity real estate investment trust. The firm invests in the real estate markets across the globe. It engages in investment, ownership, administration, and development of properties. It primarily invests in regional malls, premium outlets, mills, and community/lifestyle centers to create its portfolio. Simon Property Group, Inc. was founded in 1960 and is based in Indianapolis, Indiana, with additional office in New York, New York.

Dover Corp (NYSE:DOV), ended its Thursday’s trading session with -0.90% loss, and closed at $61.50.

over (DOV) declared that it has executed a contract with Tokheim Group S.A.S., following which Dover has made a binding offer to acquire Tokheim`s dispenser and system businesses (the “Tokheim Businesses”) for a purchase price of EUR 425 million (about USD $465 million). The Tokheim Businesses will become part of OPW, a business unit within Dover`s Fluids segment. Tokheim`s sales and service divisions are not a part of this transaction and will become a stand-alone company remaining with the current owners of Tokheim. The transaction is subject to completion of talk about with certain of Tokheim`s operates councils, certain customary regulatory filings and other customary conditions, and is predictable to close early in 2016.

Headquartered in Paris, France, Tokheim is a leading manufacturer of fuel dispensers, retail automation systems, and payment systems. Tokheim products have been associated with exceptional quality for more than a century. The Tokheim businesses have manufacturing operations in Europe, China, India, and Brazil. The addition of the Tokheim Businesses` innovative product offerings will further enhance OPW`s strong position in retail fueling equipment. Through this acquisition, Dover will establish OPW as a leading retail fueling systems provider, featuring a full “Station-in-a-Box” offering with unrivaled product breadth.

Dover Corporation manufactures and sells a range of equipment and components, specialty systems, and support services in the United States. The company operates in four segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. The Energy segment provides solutions and services for the production and processing of oil, natural gas liquids, and gas to drilling and production, bearings and compression, and automation end markets.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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