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Tuesday 16 June 2015
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Pre-Market News Report on: Biomed Realty Trust (NYSE:BMR), Allscripts Healthcare Solutions (NASDAQ:MDRX), KB Home (NYSE:KBH), Tyco International (NYSE:TYC)

On Friday, Biomed Realty Trust Inc (NYSE:BMR)’s shares declined -0.59% to $20.05.

Biomed Realty Trust Inc (BMR) declared the completion of the sale of its property at 145 King of Prussia Road in Radnor, PA to Penn Medicine for $35 million.

This deal will allow Penn Medicine to develop its own plan for the site in partnership with the Radnor Township. The transaction will result in an approximate $32 million impairment loss, which the company will record in the second quarter.

BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. Its tenants primarily comprise biotechnology and pharmaceutical companies, scientific research institutions, government agencies, and other entities involved in the life science industry.

Allscripts Healthcare Solutions Inc (NASDAQ:MDRX)’s shares dropped -0.84% to $14.15.

Allscripts Healthcare Solutions Inc (MDRX) declared East Kent Hospitals University NHS Foundation Trust and Maidstone and Tunbridge Wells NHS Trust have each signed a contract to deploy Allscripts PASTM. The Allscripts PAS will replace the Trusts` existing system and will empower the organsations to use a highly flexible and configurable solution to manage patient data. Allscripts PAS is used across the National Health Service (NHS) in more than a dozen trusts and hospitals.

hese deployments reflect Allscripts continued expansion and progress in the UK. Last month, the company was awarded a place on the NHS SBS Clinical Information Systems Framework. The Framework can assist NHS Trusts by providing access to critical technology like the solutions Allscripts` offer, reducing procurement costs and enabling the NHS Trusts to localise their requirements. Allscripts was named in five of the six SBS categories.

Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada. It operates in three segments: Clinical and Financial Solutions, Population Health, and Managed Services.

At the end of Friday’s trade, KB Home (NYSE:KBH)‘s shares surged 0.88% to $14.91.

KB Home (KBH) opened a new community called Ridgeline community in San Diego County. Ridgeline offers 52 homes, priced in the low $500,000s.

Ridgeline offers up to five bedrooms, three bathrooms, open layouts and spacious outdoor living. Homebuyers can personalize the homes as per their preference and choose from various floor plans and décor options.

Ridgeline homebuyers will enjoy easy access to facilities such as major employment zones, parks, children’s play area, and barbecue areas, outdoor recreation areas such as New Santee Town Center Community Park, the Santee Aquatics Center, Mission Trails Regional Park and stunning beaches in San Diego.

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. The company also provides property and casualty insurance, in addition to earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, counting residential consumer mortgage loan originations to its homebuyers.

Tyco International PLC (NYSE:TYC), ended its Friday’s trading session with -0.79% loss, and closed at $40.28.

Tyco International PLC (TYC) declared that its Board of Directors has declared a quarterly dividend of $0.205 per share for the fourth quarter of fiscal 2015, payable on August 19, 2015, to shareholders of record at the close of NYSE trading on July 24, 2015.

Tyco International Ltd. designs, sells, installs, and services security, fire detection, suppression, and life safety products worldwide. It operates in three segments: North America Installation & Services, Rest of World Installation & Services, and Global Products.

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