On Tuesday, Simon Property Group Inc (NYSE:SPG)’s shares inclined 1.20% to $181.08.
Simon Property Group Inc. (SPG) 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.
“We are eager to serve the entire Tulsa metropolitan market from this location,” said Mark Silvestri, COO of Simon Premium Outlets. “We are really looking forward to bringing our vision of value shopping, which has been extremely popular throughout the world, to Tulsa.”
“Tulsa Premium Outlets will serve as a top-tier destination for visitors to Jenks and the greater Tulsa market,” said City of Jenks Mayor Kelly Dunkerley. “Public investment in infrastructure around the Arkansas River is returning dividends to the entire region in the form of private investment and job creation.”
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, management, and development of properties.
Mueller Water Products, Inc. (NYSE:MWA)’s shares dropped -0.35% to $8.47.
Mueller Water Products, Inc. (MWA) has extended its contract with Echologics for an additional one-year term. Echologics will continue to use its ePulse® technology to deliver pipeline condition assessment services for WSSC.
Echologics has assessed more than 100 miles of WSSC’s water pipeline since 2013. The one-year extension, which is worth up to $2 million, will allow WSSC to assess even more miles of pipe in its water distribution network. A second one-year extension is available to WSSC as part of the original agreement.
Mueller Water Products, Inc. manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the United States, Canada, and internationally.
At the end of Tuesday’s trade, Firstmerit Corp (NASDAQ:FMER)‘s shares surged 2.03% to $18.09.
FirstMerit Corporation (FMER) announced that it has introduced a down payment assistance program for homebuyers in the City of Detroit in partnership with the Detroit Land Bank. FirstMerit will grant up to $30 thousand for down payment or renovation to qualified applicants buying or fixing up homes purchased from the Detroit Land Bank. The purpose of the grant is to cover the cost between value of the home and the total acquisition cost. The Detroit Land Bank is a public entity that acquires, holds, manages, develops and disposes of vacant and abandoned properties. Assisting home buyers who want to purchase homes from the Detroit Land Bank helps stabilize neighborhoods and eliminate blight, improving the quality of life for Detroit residents.
FirstMerit Corporation operates as the bank holding company for FirstMerit Bank N.A. that provides various banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers.
Air Products & Chemicals, Inc. (NYSE:APD), ended its Tuesday’s trading session with 0.10% gain, and closed at $135.62.
Air Products & Chemicals Inc. (APD) will increase product pricing and monthly service charges for merchant customers in North America. The pricing adjustments include increases of:
- Up to 20% for liquid argon and liquid carbon dioxide
- Up to 15% for liquid oxygen, liquid nitrogen, liquid and bulk hydrogen
- Up to 10% for liquid and bulk helium
- Up to 10% for tank monthly service charges
Some price adjustments may be outside of these ranges based on specific situations.
These price adjustments are in response to rising costs and will also support continued investments to improve the reliability, security, safety, and efficiency of operations.
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, performance materials, equipment, and services worldwide. The company operates in Merchant Gases, Tonnage Gases, Electronics and Performance Materials, and Equipment and Energy segments.
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