On Thursday, American Tower Corp (NYSE:AMT)’s shares inclined 0.94% to $94.91.
American Tower Corp (AMT) declared that its board of directors has declared its quarterly cash distribution of $0.44 per share on shares of the Company’s common stock. The distribution is payable on July 16, 2015 to such stockholders of record at the close of business on June 17, 2015.
American Tower Corporation is a real estate investment trust. It invests in the real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.
Time Warner Cable Inc (NYSE:TWC)’s shares dropped -0.17% to $180.88.
Time Warner Cable is offering its customers a no fuss option for entertaining children indoors this summer with a month-long category featuring 35 animated films accessible on Movies On Demand. The category, titled “Animated Heroes”, features popular animated movies counting: Despicable Me; Toy Story; Cars; The Incredibles; and Wreck-It Ralph. Customers can access the category by tuning to the Movies On Demand channel, clicking on “Enjoy Better” and selecting “Animated Heroes.”
Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations. The Residential Services segment offers video services, counting video on demand, digital video recorder, and start over and look back services; high-speed data services that comprise communication tools and personalized services, such as email, PC security, parental controls, and online radio services; voice services that comprise unlimited calling in the United States, Canada, Puerto Rico, and Mexico; and IntelligentHome, a security and home administration service.
At the end of Thursday’s trade, Plains All American Pipeline, L.P. (NYSE:PAA)‘s shares surged 1.42% to $43.00.
Plains All American Pipeline, L.P. (PAA) stated cleanup costs for the oil spill that took place last month nearly 20 miles west of Santa Barbara, CA. According to the partnership, the cleanup costs have reached $65 million so far and are running at the rate of $3 million per day.
Investors are wary about the adequate safety measures in the pipelines adopted by the Zacks Rank #5 (Strong Sell) midstream operator. As a result, shares of the partnership dropped 9.7% from May 19 to close at $44.76 yesterday.
Plains All American Pipeline, L.P., through with its auxiliaries, engages in the transportation, storage, terminal ling, and marketing of crude oil, natural gas liquids (NGL), natural gas, and refined products in the United States and Canada. The company operates in three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. As of December 31, 2014, this segment owned and leased 17,800 miles of active crude oil, and NGL and gathering systems; 29 million barrels of active and above-ground tank capacity; 800 trailers; 149 transport and storage barges; and 72 transport tugs.
KB Home (NYSE:KBH), ended its Thursday’s trading session with -1.28% loss, and closed at $16.58.
KB Home (KBH), one of the nation’s largest and most recognized homebuilders, recently declared the grand opening of its Stonecrest at The Cove community in San Jacinto. With its picturesque natural setting and sweeping mountain views, Stonecrest offers homebuyers a great opportunity to own a new home in a desirable master-planned community near major transportation and employment corridors.
Residents at Stonecrest can take advantage of the community’s proximity to I-215, I-10 and Highway 74 for convenient travel to popular destinations like Mt. San Jacinto College, Hemet Valley Mall and Diamond Valley Lake, in addition to Palm Springs resorts in the Coachella Valley and Beaumont.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
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