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Saturday 19 September 2015
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Latest Update

Pre-Market Stocks Roundup: Apple Hospitality REIT (NYSE:APLE), Avis Budget Group (NASDAQ:CAR), Leucadia National (NYSE:LUK)

On Tuesday, Apple Hospitality REIT Inc (NYSE:APLE)’s shares inclined 0.48% to $18.89.

Apple Hospitality REIT Inc (APLE) declared that its Board of Directors declared a regular monthly cash distribution of $0.10 per common share for the month of July 2015. The distribution is payable on July 15, 2015, to shareholders of record as of June 30, 2015.

Based on the Company’s common stock closing price of $18.86 on June 11, 2015, the annualized distribution of $1.20 per common share represents an annual 6.4% yield.

Apple Hospitality REIT, Inc. is a publicly owned real estate investment trust. It invests in the real estate markets of United States. The firm invests primarily in the lodging industry. It is focused on the acquisition and ownership of income-producing real estate. The firm was formerly known as Apple REIT Nine, Inc. Apple Hospitality REIT, Inc. was founded on November 9, 2007 and is based in Richmond, Virginia.

At the end of Tuesday’s trade, Avis Budget Group Inc. (NASDAQ:CAR)‘s shares dipped -0.82% to $49.67.

With many experts predicting that this will be an especially busy summer travel season for Americans heading to Europe, Avis Budget Group Inc. (CAR) urges visitors to Italy, Spain, France and the rest of Europe to book reservations early to ensure vehicle availability and obtain a great price.

Examples of quality Avis vehicles accessible at some of Europe’s most in-demand locations comprise:

  • United Kingdom: Enjoy the ride out to Stonehenge in a Seat Toledo, a family car meticulously crafted from headlight to tail lamp with a host of features, or see the Scottish Highlands in style in a Peugeot 308, an award-winning family hatchback with a focus on comfort and quality.
  • France: Cruise the famous Avenue des Champs-Elysees in a Peugeot RCZ, an upscale sports car with unique design and impressive performance, or discover the thrill of open motoring in the French countryside in a Mini Cooper Convertible, perfect for winding roads and highways alike.
  • Italy: From Florence and Venice in the north down to Sicily in southernmost Italy, all of Italy is legendary for culture, history and spectacular scenery. See the country by car in an Alfa Romeo Giulietta, a small family car combining sportiness, elegance and dynamic performance, or an Audi A1, a supermini economy car boasting smart styling and refinement into a compact body.
  • Turkey: Visit the ruins of the city of Ephesus on Turkey’s west coast, once famed for the Temple of Artemis, one of the seven wonders of the ancient world, in a Renault Fluence sedan, which allies design, comfort, technology and safety, or tour ancient Istanbul in a Fiat Linea sedan, with precision engineering and a spacious interior with comforts of home.

Across Europe, members of Avis Preferred, Avis Car Rental’s loyalty program, can take advantage of the Avis “Three Minute Promise,” whereby members receive their vehicle keys within three minutes of arrival at the location. If it takes longer, members have 30 euros deducted directly from the rental cost.

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.

Leucadia National Corp. (NYSE:LUK), ended its Tuesday’s trading session with -0.04% loss, and closed at $24.02.

Leucadia National Corp. (LUK) declared that the Board of Directors has declared a quarterly cash dividend equal to $0.0625 per Leucadia common share payable on June 26, 2015 to record holders of Leucadia common shares on June 15, 2015.

Leucadia National Corporation, through its partner, Jefferies Group LLC, primarily operates in the investment banking and capital markets sector. Leucadia National Corporation also owns and holds investments in various other businesses, counting beef processing, manufacturing, energy projects, asset administration, and real estate. It offers equities research, sales, and trading services; financing, securities lending, and other prime brokerage services; wealth administration services; fixed income sales and trading services; futures, foreign exchange, and commodities trading services; and equity and debt capital markets services, in addition to provides mergers and acquisition, and restructuring and recapitalization services in the Americas, Europe, and Asia. The company also processes, packages, and markets boxed beef, ground beef, hides, tallow, and other beef and beef by-products; and owns and operates 26 automobile dealerships.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




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