On Thursday, Western Refining, Inc. (NYSE:WNR)’s shares inclined 0.84% to $44.49.
Parkway Properties, Inc. (PKY) declared that it has accomplished the sale of two additional non-core assets and has reached a contract to sell 7000 Central Park, located in the Central Perimeter submarket of Atlanta, Georgia. Additionally, the Company accomplished the purchase of Harborview Plaza, a Class A office property located in the Westshore submarket of Tampa, Florida. As a result of raised net disposition activity, Parkway has also updated its 2015 Funds from Operations (FFO) outlook range.
Asset Dispositions:
On August 26, 2015, Parkway reached a contract to sell 7000 Central Park, a 416,000 square foot office building located in Atlanta, Georgia, for a gross sale price of $85.3 million. 7000 Central Park is owned by a joint venture in which Parkway owns a 40% interest. Parkway anticipates to recognize a gain on the sale of 7000 Central Park of about $10.6 million at closing, which is anticipated to occur in the fourth quarter of 2015, subject to customary closing conditions.
On September 3, 2015, Parkway accomplished the sale of Squaw Peak I & II, a 290,000 square foot office complex comprised of two buildings located in Phoenix, Arizona, for a gross sale price of $51.3 million. Parkway anticipates to recognize a gain on the sale of Squaw Peak I & II of about $13.3 million in the third quarter of 2015.
Parkway Properties, Inc., a real estate investment trust (REIT), engages in the operation, acquisition, ownership, administration, and leasing of office properties. It operates and invests principally in office properties in the southeastern and southwestern United States and Chicago.
Berry Plastics Group Inc (NYSE:BERY)’s shares gained 4.06% to $31.29.
Berry Plastics Group, Inc. (BERY) declared the pricing of the private placement launched September 16, 2015 by one if its indirect, wholly owned auxiliaries (the “Issuer”). The Issuer will issue $400 million of second precedingity senior secured notes due 2022 (the “Notes”). The closing of the private placement offering is predictable to occur on or about October 1, 2015.
The Notes will bear interest at a rate of 6.00% payable semiannually, in cash in arrears, on April 15 and October 15 of each year, commencing April 15, 2016 and will mature on October 15, 2022.
Berry Plastics Group, Inc. manufactures and distributes plastic consumer packaging and engineered materials in North America and internationally. The company operates through four segments: Rigid Open Top, Rigid Closed Top, Engineered Materials, and Flexible Packaging.
At the end of Thursday’s trade, Dicks Sporting Goods Inc (NYSE:DKS)‘s shares surged 0.54% to $49.88.
DICK’S Sporting Goods (DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening its fourth store in Nebraska and 632nd store nationwide on Friday, October 2nd at Northwest Commons in Grand Island, NE (2250 North Webb Road).
DICK’S three-day grand opening celebration will run through Sunday, October 4th. The store will open at 8:00 a.m. Friday and Saturday and 9:00 a.m. Sunday.
On Friday, the first 100 people in line will be eligible for a free Reebok Play Dry® T-Shirt. Guests who are in line at 7:45am on Friday will get a chance to open the DICK’S Sporting Goods Gift Locker.*
Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, counting sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories.
VeriFone Systems Inc (NYSE:PAY), ended its Thursday’s trading session with -1.41% loss, and closed at $27.34.
Taxi passengers in Philadelphia will be able to electronically hail cabs startning in October, using the Way2ride app from Verifone (PAY) on their mobile devices. Through this expansion, Philadelphia joins New York City, where passengers are already using Way2ride’s payment and new e-hailing feature to quickly and easily hail cabs and securely pay for taxi rides with a tap of their smartphones.
More than 1,400 of the 1,600 licensed taxis in Philadelphia are already equipped with Verifone payment systems for credit card acceptance and are ready for Way2ride. Way2ride™ is accessible recently for both iPhones® and Android® phones and can be downloaded right now from the Apple® App Store® and Google® Play®. The Way2ride app has been downloaded more than 45,000 times in Philadelphia since it became accessible in the city a year ago.
VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, in addition to support credit and debit card, EBT, EMV, and other PIN-based transactions; and a portfolio of application libraries and development tools.
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