Search
Thursday 15 October 2015
  • :
  • :

(VAC) (PFS) (LHCG) (CBG) Active News Update: Marriott Vacations Worldwide (NYSE:VAC), Provident Financial Services (NYSE:PFS), LHC (NASDAQ:LHCG), CBRE (NYSE:CBG)

On Tuesday, Marriott Vacations Worldwide Corp (NYSE:VAC)’s shares declined -1.55% to $69.33.

Marriott Vacations Worldwide Corporation (VAC) will report financial results for the third quarter 2015 before the market opens on October 15, 2015. A conference call is planned to follow at 10:00 a.m. ET to talk about the company’s results.

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands.

Provident Financial Services, Inc. (NYSE:PFS)’s shares dropped -0.35% to $19.71.

Provident Financial Services, Inc. (PFS) declared that it anticipates to release financial results for the quarter ended September 30, 2015 on Friday October 30, 2015 at about 8:00 a.m. Eastern Time. A copy of the earnings release will be right away accessible on the Company’s web site, www.providentnj.com, by going to Investor Relations and clicking on Press Releases.

Provident Financial Services, Inc. operates as the holding company for The Provident Bank, which provides banking services to individuals, families, and businesses in New Jersey.

At the end of Tuesday’s trade, LHC Group, Inc. (NASDAQ:LHCG)‘s shares dipped -0.32% to $43.44.

HC Group, Inc. (LHCG), a national provider of comprehensive post-acute healthcare services, declared recently that it has accomplished the formerly declared acquisition of Halcyon Hospice LLC for $58.5 million in cash or, net of tax benefit, for $51.5 million. The transaction is predictable to be accretive to LHC Group’s 2016 earnings by between $0.15 and $0.20 per diluted share, while earnings for the fourth quarter of 2015 are predictable to reflect transaction and integration costs totaling $0.06 per diluted share.

Based in Cumming, Georgia, Halcyon is one of the largest independent providers of hospice services in the southeastern United States. It operates 16 hospice locations across three states, counting two inpatient hospice facilities, and has about 400 employees. Halcyon’s service area covers 183 counties across Georgia, Mississippi and South Carolina, counting 59 counties in which LHC is licensed for home health. Annual revenue for Halcyon is about $41 million. This acquisition will enhance LHC’s hospice service line to 53 locations in 12 states with over $110 million in annual revenue.

LHC Group, Inc., together with its auxiliaries, provides post-acute continuum of care primarily for Medicare beneficiaries in the United States. The company operates through three segments: Home-Based Services, Hospice Services, and Facility-Based Services.

CBRE Group Inc (NYSE:CBG), ended its Tuesday’s trading session with -0.96% decreased, and closed at $32.13.

Multi-Employer Property Trust (MEPT) and its real estate advisor, Bentall Kennedy (U.S.) Limited Partnership (Bentall Kennedy), together with Trammell Crow Company declare the acquisition of land at 374-384 West Santa Clara Street in San Jose, California for a purchase price of $58,500,000.

The land acquisition and planned development projects on the site are structured on a joint venture basis, ongoing a longstanding and successful partnership that spans more than 85 projects over 25 million square feet and $2.4 billion in value.

374-384 West Santa Clara Street in San Jose is an 8.22 acre site adjacent to the Diridon Station master plan that is zoned appropriately for the construction of two 10-story office buildings and a 9-story multi-family building. Diridon Station is the terminus for the Caltrain link from San Francisco, it is the link to the Central Valley through the ACE train service, it is the terminus for the Amtrak Capital Corridor train from the north, the future extension of BART and it is the first Northern California stop for potential high-speed rail service connecting Los Angeles to the Bay Area. The Diridon Station site is in close proximity to parkland and other regional recreational amenities attractive to both commercial and residential tenants, it is across the street from the SAP Center (major sports and entertainment event venue) and it offers food, entertainment and other service amenities within walking distance both west of the site and east in San Jose’s downtown.

TCC is an independently operated partner of CBRE Group, Inc. (CBG).

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Administration; and Development Services segments.

DISCLAIMER:

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.




Leave a Reply

Your email address will not be published. Required fields are marked *