Following U.S. Stocks were among the “Top Losers” during Friday’s trade: Biomed Realty Trust Inc (NYSE:BMR), Pebblebrook Hotel Trust (NYSE:PEB), Medical Properties Trust, Inc (NYSE:MPW), Patterson-UTI Energy, Inc (NASDAQ:PTEN)
Their insights are depicted underneath:
Biomed Realty Trust Inc (NYSE:BMR)’s shares dwindled -5.16%, and closed at $20.60.
BioMed Realty Trust Inc. (BMR), declared that Alan Gold, Chairman, President and Chief Executive Officer, and Greg Lubushkin, Chief Financial Officer, presented at the Citi 2015 Global Property CEO Conference in Hollywood, Florida, on Wednesday, March 4, 2015. Key topics comprised the corporation’s growth strategy focused on the intersection of the growing health care sector and innovation and the business outlook for 2015.
BioMed Realty, with its trusted expertise and valuable relationships, delivers optimal real estate solutions for biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry.
Pebblebrook Hotel Trust (NYSE:PEB), declined -5.15%, and closed at $44.59.
Pebblebrook Hotel Trust (PEB), declared that its Chairman, President and Chief Executive Officer, Jon E. Bortz, took part in a roundtable presentation at the 2015 Citigroup Global Property CEO Conference in Hollywood, Florida on Tuesday, March 3, 2015.
Pebblebrook Hotel Trust is a publicly traded real estate investment trust (“REIT”) organized to opportunistically attain and invest primarily in upper upscale, full-service hotels located in urban markets in major gateway cities.
Medical Properties Trust, Inc (NYSE:MPW) dipped - 5.09%, and closed at $14.16.
Medical Properties Trust Inc. (MPW), holds a Zacks Rank #2 (Buy).
According to BUSINESS WIRE, Medical Properties Trust Inc., declared that its Board of Directors confirmed a regular quarterly cash dividend of $0.22 per share of ordinary stock to be paid on April 9, 2015, to stockholders of record on March 12, 2015.
Medical Properties Trust also declared that its annual meeting of shareholders will be held at the Summit Club in Birmingham, Alabama at 10:30 a.m. Central Time on May 14, 2015. Shareholders of record as of March 23, 2015, will be invited to attend.
Medical Properties Trust, Inc. is a Birmingham, Alabama based self-advised real estate investment trust formed to capitalize on the changing trends in healthcare delivery by acquiring and developing net-leased healthcare facilities.
Patterson-UTI Energy, Inc (NASDAQ:PTEN) dropped -5.09%, and closed at $18.47.
On February 25, 2015, Cloyce Talbott, who co-founded Patterson-UTI Energy Inc. (PTEN), and has served as a director since 1978, informed the Board of Directors of his intention to retire from the Board at the expiration of his current term and not to stand for re-election at the Corporation’s 2015 Annual Meeting of Stockholders. Mr. Talbott’s decision to retire was not due to any disagreement with the Corporation on any matters regarding the Corporation’s operations, policies or practices.
According to PRNewswire, Patterson-UTI Energy Inc. (PTEN), declared that Cloyce Talbott has chosen not to stand for re-election to the Corporation’s Board of Directors. Mr. Talbott co-founded Patterson-UTI and has served as a director since its incorporation in 1978.
Mr. Talbott stated, “After more than 50 years in the oil and gas industry, more than 35 of which have been with Patterson-UTI, it is time for me to slow down a little. The Corporation is strongly positioned for the future, and I have every confidence in the Board and executive leadership team.”
Mark S. Siegel, Chairman of Patterson-UTI, commented, “We want to thank Cloyce for his unparalleled contributions to the Corporation over more than three decades. Cloyce is a visionary in the land drilling industry, who has a real understanding of oil services and a keen knowledge of exploration and production. Cloyce’s intellect and judgment, his vast experience, and his practical approach to problem solving, make him a respected contributor to our Board, and he will be greatly missed.”
Patterson-UTI Energy, Inc. auxiliaries provide onshore contract drilling and pressure pumping services to exploration and production companies in North America.
