On Tuesday, Duke Realty Corp (NYSE:DRE)’s shares declined -1.07% to $19.44.
Ridge Development, the industrial development arm of Transwestern Development Co., declares speculative construction has commenced on the first building in a planned two-building project owned and managed by Indianapolis-based Duke Realty Corp. (DRE). Duke Perris Logistics Center is located at 3300 – 3500 Indian Ave. in Perris, California. Planned for delivery in August 2015, Building II is a speculative, 783,407-square-foot warehouse/distribution facility. Construction on the second building, a planned 1,224,874-square-foot facility, will start when a tenant is secured or when market conditions are appropriate.
Located less than a mile from I-215, Building II offers a 36-foot clear height, ESFR fire protection system, 183 trailer parking spaces and 276 vehicle parking spaces. Additionally, the building comprises 118 dock-high loading doors and will be LEED® Certified. The I-215 South submarket is home to many prominent companies counting Amazon.com Inc., Home Depot Inc., Lowe’s Companies Inc., Whirlpool Corp., Hanesbrands Inc. and Proctor & Gamble Co.
The buildings were designed by HerdmanRierson architecture+design Inc., and Fullmer Construction is the general contractor. Thomas Taylor, Steven Bellitti and Summer Coulter of Colliers International are providing leasing services.
Duke Realty Corporation is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, counting leasing, asset administration, construction and development.
PDL BioPharma Inc (NASDAQ:PDLI)’s shares dropped -0.45% to $6.68.
PDL BioPharma Inc (PDLI) will make presentations and take part in conferences with investors and analysts during the Jefferies 2015 Global Healthcare Conference in New York City, New York. A copy of the Company’s presentation materials has been posted to the Company’s website and is attached hereto as Exhibit 99.1.
Limitation of Incorporation by Reference
In accordance with General Instruction B.2. of Form 8-K, this information, counting the Exhibit, is furnished following Item 7.01 and shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. The information in this Item 7.01 of this Current Report on Form 8-K will not be deemed an admission as to the materiality of any information that is required to be revealed solely by Regulation FD.
PDL BioPharma, Inc. manages a portfolio of patents and royalty assets in the United States and Europe. The company is involved in the humanization of monoclonal antibodies and the discovery of a new generation of targeted treatments for cancer and immunologic diseases.
At the end of Tuesday’s trade, Goldman Sachs Group Inc (NYSE:GS)‘s shares dipped -0.67% to $206.42.
Goldman Sachs Group Inc (GS) plans to declare its 2015 Second Quarter Financial Results on Thursday, July 16th in a release that will be issued at about 7:30 am (ET). The press release will also be accessible on the firm’s web site, http://www.goldmansachs.com.
A conference call to talk about the firm’s results, outlook and related matters will be held at 9:30 am (ET). The call will be open to the public.
The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment administration company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Administration.
XL Group plc (NYSE:XL), ended its Tuesday’s trading session with -0.16% loss, and closed at $37.39.
XL Group plc (XL) declared recently that Director Eugene M. McQuade has been designated as Chairman of the Board.
Mr. McQuade has been a Director of the Company since 2004 and recently stepped down as Vice Chairman of Citigroup. He has formerly been Chief Executive Officer of Citibank, President of Bank of America Corporation and President and Chief Operating Officer of FleetBoston Financial Corporation, among others. Mr. McQuade succeeds Robert R. Glauber, who had served as Chairman since 2009. Mr. Glauber will remain a Director of the Board and will Chair the Risk and Finance Committee.
XL GROUP Public Limited Company, an insurance and reinsurance company, provides property, casualty, and specialty products to industrial, commercial, and professional firms; and insurance companies and other enterprises worldwide. The company operates in two segments: Insurance and Reinsurance.
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