On Friday, United Rentals, Inc. (NYSE:URI)’s shares inclined 0.02% to $81.39.
United Rentals, Inc. (URI) will hold its second quarter 2015 conference call with Michael Kneeland, chief executive officer, William Plummer, chief financial officer, and Matt Flannery, chief operating officer, on Thursday, July 23, 2015, at 11:00 a.m. Eastern Time.
The company’s 2015 second quarter press release will be issued and accessible at unitedrentals.com after the market close on Wednesday, July 22, 2015.
United Rentals, Inc., through its auxiliaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench Safety, Power and HVAC (heating, ventilating and air conditioning), and Pump Solutions. The company offers about 3,300 classes of equipment for rent to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, government entities, and other customers.
First Majestic Silver Corp (NYSE:AG)’s shares dropped -2.84% to $4.44.
First Majestic Silver Corp.(AG) declared that total production at its five operating silver mines in Mexico for the second quarter ending June 30, 2015 reached 3,802,558 equivalent ounces of silver, relatively unchanged contrast to the same quarter in 2014.
Keith Neumeyer, President & CEO of First Majestic, states, “During the first half of 2015, we produced 7.7 million silver equivalent ounces, which puts us on track of achieving our annual aim of producing between 15.3 to 17.1 million silver equivalent ounces. Production at Del Toro reached a record 2.5 million silver equivalent ounces in the first half of this year, representing a 46% enhance contrast to the first half of 2014. This substantial enhance is primarily due to the Company’s decision in mid-2014 to reconfigure the plant in order to process 100% of the ore through flotation.”
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, counting the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State.
At the end of Friday’s trade, Corporate Office Properties Trust (NYSE:OFC)‘s shares surged 2.31% to $24.31.
Corporate Office Properties Trust (OFC) reached a Letter Agreement (the “Letter Agreement”) with Karen M. Singer, the Registrant’s Senior Vice President, General Counsel and Secretary, following which Ms. Singer commenced participation in the Registrant’s and the Operating Partnership’s Executive Change in Control and Severance Plan (the “Plan”) effective June 1, 2015.
Under the Plan, each executive selected to take part is entitled to receive the following payments and benefits in the event the executive is terminated for any reason other than death, disability or for “cause,” as defined in the Plan, or is “Constructively Discharged,” as defined in the Plan: (1) a severance payment equal to a specified severance multiple multiplied by the sum of the executive’s annual base salary plus the average of the executive’s annual cash performance bonuses for the last three years; (2) a pro-rated annual cash performance bonus for the year of termination through the date of termination based on the amount of the executive’s target annual cash performance bonus for that year; (3) full vesting of equity awards subject to a time-based vesting plan (with vesting of equity awards subject to performance-based vesting conditions to remain governed by the terms of the applicable award agreement);
(4) the right to exercise existing stock options for up to 18 months following termination; and (5) ongoing coverage under the Operating Partnership’s group medical, dental and vision plans for 12 months following termination unless such benefits are accessible to the executive through another group plan. If any payments and benefits to be paid or offered to an executive, whether pursuant to the Plan or otherwise, would be subject to “golden parachute” excise taxes un
Corporate Office Properties Trust, a real estate investment trust (REIT), engages in the acquisition, development, ownership, administration, and leasing of suburban office properties. As of December 31, 2005, the company’s portfolio comprised of 165 office properties; 14 wholly owned office properties under construction or development; and land parcels totaling 311 acres. As of the above date, the company, through joint ventures, owned 18 operating properties, 2 office properties, and land parcels totaling 138 acres. As an REIT, it would not be taxed on the portion of its income, which is distributed to shareholders, offered it distributes at least 90% of its taxable income. Corporate Office Properties Trust was founded in 1988 and is based in Columbia, Maryland.
Cirrus Logic, Inc. (NASDAQ:CRUS), ended its Friday’s trading session with 1.95% gain, and closed at $31.34.
Cirrus Logic, Inc. (CRUS) declared that the company will post its first quarter fiscal year 2016 financial results and business outlook on the investor relations area of its website on Wednesday, July 22, at about 4 p.m. EDT.
Cirrus Logic will host a live Q&A webcast session at 5 p.m. EDT that same day to answer questions related to its financial results and business outlook. Shareholders who would like to submit a question to be addressed during the call are requested to email [email protected].
Cirrus Logic, Inc., a fabless semiconductor company, develops analog and mixed-signal integrated circuits for a range of consumer and industrial markets. It offers audio products, counting codecs, analog-to-digital converters, digital-to-analog converters, active noise cancelling circuits, amplifiers, and micro-electromechanical system microphones, in addition to standalone digital signal processors.
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