On Friday, Senior Housing Properties Trust (NYSE:SNH)’s shares showed no change to $17.00.
Senior Housing Properties Trust (SNH) declared its financial results for the quarter and six months ended June 30, 2015.
Results for the quarter ended June 30, 2015:
Normalized funds from operations, or Normalized FFO, for the quarter ended June 30, 2015 were $106.8 million, or $0.45 per basic and diluted share. This compares to Normalized FFO for the quarter ended June 30, 2014 of $86.6 million, or $0.43 per basic and diluted share. The enhance in Normalized FFO is primarily the result of acquisitions since July 1, 2014.
Net income was $36.4 million, or $0.15 per basic and diluted share, for the quarter ended June 30, 2015, contrast to net income of $37.7 million, or $0.19 per basic and diluted share, for the quarter ended June 30, 2014.
The basic and diluted weighted average number of common shares outstanding were 235.5 million and 235.6 million, respectively, for the quarter ended June 30, 2015, and 199.8 million and 199.9 million, respectively, for the quarter ended June 30, 2014.
Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties. As of September 30, 2005, it owned 184 properties, counting 85 assisted living facilities, 61 skilled nursing facilities, 36 independent living communities, and 2 hospitals.
Avis Budget Group Inc. (NASDAQ:CAR)’s shares gained 1.59% to $44.07.
Avis Car Rental declared the launch of an updated Android application which enables customers to make, confirm or cancel car rental reservations via voice. The initiative makes Avis the first car rental company to offer this capability.
The improved application guides customers enrolled in Avis Preferred, the Company’s express rental/loyalty program, through the reservation process through spoken and visual prompts for airport rentals around the globe. The application speaks and displays four car classes (compact, intermediate, full-size and luxury) in addition to the car rental’s estimated total cost. Once the reservation is made, customers will automatically receive a confirmation email. In addition, users can use their voice to initiate a call to customer service using the app.
Avis Budget Group, Inc., together with its auxiliaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide. The company has three segments: North America, International, and Truck Rental. It operates the Avis car rental system with about 5,450 locations, that supply rental cars to the premium commercial and leisure segments of the travel industry; the Budget vehicle rental system with about 3,500 car rental locations, which serve the value-conscious segments of the industry; and Zipcar, a membership-based car sharing network that provides vehicles to about 915,000 members.
At the end of Friday’s trade, UBS Group AG (USA) (NYSE:UBS)‘s shares dipped -0.27% to $22.09.
UBS Wealth Administration Americas (WMA) released its quarterly UBS Investor Watch report, “Beyond the Picket Fence,” revealing that among high-net-worth investors, “modern” families (34%) – counting blended, same-sex and multi-generational families – are nearly as common as “traditional” families1 (35%). The survey of 2,715 high-net-worth (HNW) and affluent U.S. investors found that the rise of modern families is a burgeoning trend as traditional families become less and less common by generation, presently comprising 46% of the WWII/Swing generation, 37% of Baby Boomers, and only 25% of Millennials.
UBS Group AG, together with its auxiliaries, provides wealth administration, retail and corporate, asset administration, and investment banking products and services worldwide. The company’s Wealth Administration division provides financial services to wealthy private clients. This division offers investment administration solutions and wealth planning and corporate finance advisory services, in addition to a range of specific offerings.
SunPower Corporation (NASDAQ:SPWR), ended its Friday’s trading session with 2.41% gain, and closed at $25.09.
SunPower Corporation (SPWR), a leading solar technology and global energy services provider, and SunPower Elite Dealer Freedom Solar declared recently the completion of a 14 kilowatt solar power system for Austin’s Sustainable Food Center at a ribbon cutting ceremony attended by Mayor Steve Adler.
Sustainable Food Center cultivates a healthy community by strengthening the local food system and improving access to nutritious, affordable food. The nonprofit organization hosts four farmers markets, provides organic food gardening classes, interactive cooking classes and nutrition education, and supports area farmers’, all in the Austin area.
SunPower Corporation designs, manufactures, and delivers solar systems to residential, commercial, and utility-scale power plant customers worldwide. The company offers solar power components, counting panels, balance of system components, and inverters. It also offers rooftop and ground-mounted solar power systems, counting residential systems, commercial roof and ground mounted systems, utility and power plant systems, and utility-scale photovoltaic power plants.
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