On Tuesday, CMS Energy Corp. (NYSE:CMS)’s shares declined -1.91%, and closed at $34.89, after an energy corporation, released that while weather changed to warm some people may still be concerned about winter bills. The corporation is reaching out to customers who received service protection during winter or took part in other payment plans to share information about assistance options should they need assist. In fact, revenue-qualified customers are still eligible and encouraged to seek assist even if they remain on a payment plan.
Consumers Energy is committed to supporting the Michigan communities it serves, and this year offered $9 million to extend direct aid for customers struggling to meet basic energy needs.
CMS Energy Corporation operates as an energy corporation primarily in Michigan, the United States. The corporation’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula.
Kimco Realty Corporation (NYSE:KIM)’s shares dropped -1.89%, and settled at $26.45, during the last trading session on Tuesday, after an independent real estate investment trust, stated that the corporation’s transaction activity for the first quarter of 2015 totaled more than $1.7 billion. Highlights comprise the attainment of the remaining 66.7% ownership interest in the 39-property Kimstone portfolio for a gross price of $1.4 billion, the purchase of Copperfield Village in Houston, TX for $39.5 million, and the declared property trade with RioCan Real Estate Investment Trust (RioCan). Property dispositions for the quarter totaled $302.4 million on a gross basis and comprised of the sale of six U.S. shopping centers, three Canadian properties and the sale of 37 net-leased restaurants.
During the quarter, Kimco sold ownership interests in six U.S. properties, five of which were wholly owned, totaling 832,000 square feet, for a gross sales price of $54.1 million. The corporation’s pro-rata share from these sales was $34.4 million. These properties had an average pro-rata base rent of $7.32 per sq. ft. with a median household revenue of $54,000 within a three-mile radius, both of which are substantially below Kimco’s portfolio averages.
In addition, as formerly declared and in two separate transactions, Kimco sold its 50% ownership interest in three Canadian shopping centers to RioCan for a gross price of $190.7 million, counting $39.7 million of debt. Two of the properties sold, Brentwood Village (Calgary, Alberta) and Grand Park (Mississauga, Ontario), were part of the aforementioned trade transaction. The other Canadian property sold to RioCan was Leaside Centre (Toronto, Ontario) for $52.6 million. Also during the quarter, the corporation sold 37 net-leased restaurant properties for a gross sales price of $57.6 million.
Kimco Realty Corporation is an independent real estate investment trust. The firm invests in the real estate markets across North America. It is primarily engaged in attainments, development, and administration of neighborhood and community shopping centers. The firm also provides property administration services regarding the administration, leasing, operation, and maintenance of real estate properties. Kimco Realty Corporation was formed in 1966 and is based in New Hyde Park, New York with additional office all across North America.
At the end of Tuesday’s trade, LPL Financial Holdings Inc. (NASDAQ:LPLA)’s shares dipped -1.88%, and closed at $43.27, as LPL Financial LLC, the nation’s largest independent broker-dealer, a leading RIA custodian and a wholly owned partner of LPL Financial Holdings Inc. declared that the Center for Wealth Planning, Inc., a large enterprise and a nationwide network of independent advisors, has joined LPL Financial’s RIA custodial platform. The choice was made to enable CWP, which has utilized LPL’s corporate RIA and broker-dealer platforms since its inception in 2005, to further enhance its operating flexibility and facilitate the continued growth of its financial advisors. CWP intends to provide even more options to its advisors to operate and grow their businesses, while still being able to take advantage of a single, fully integrated platform that will support all of the business models CWP will offer advisors.
Based in Troy, Mich., CWP serves 65 independent financial advisors nationwide that collectively serve about $2 billion in brokerage and advisory client assets, as of Feb. 28, 2015. The firm, which is managed by practiced, practicing financial advisors, specializes in assisting independent advisors who have built a critical mass of client assets – typically ranging from $50 million to $100 million – to expand their businesses through planned business coaching. CWP supports advisors with a combination of practice administration, compliance, client service and business process expertise.
LPL Financial Holdings Inc., together with its auxiliaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States.
Dana Holding Corporation (NYSE:DAN), ended its Tuesday’s trading session with -1.84% loss, and closed at $21.29, as Dana Holding Corporation, will release its 2015 first-quarter financial results on Thursday, April 23, 2015. A press release will be issued at about 7 a.m. EDT, followed by a conference call and webcast at 10 a.m. EDT. Members of the corporation’s senior administration team will be accessible at that time to talk about the results and answer related questions.
Dana Holding Corporation manufactures and sells driveline, sealing, and thermal-administration products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific. The corporation operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies, and Power Technologies.
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