Companies Reporting Before The Bell • First American Financial (NYSE: FAF ) is estimated to report quarterly loss at $0.09 per share on revenue of $46.41 million. • Associated Capital Group (NYSE: AC ) is expected to report earnings for its first quarter. • TransUnion (NYSE: TRU ) is estimated to report quarterly earnings at $0.92 per share on revenue of $910.77 million. • Warner Bros.Discovery (NASDAQ: WBD ) is likely to report earnings for its first quarter. • Travelzoo (NASDAQ: TZOO ) is estimated to report quarterly earnings at $0.06 per share on revenue of $16.67 million. • NexPoint Residential (NYSE: NXRT ) is likely to report quarterly loss at $0.26 per share on revenue of $60.13 million. • First Commonwealth (NYSE: FCF ) is projected to report quarterly earnings at $0.30 per share on revenue of $94.06 million. • First Merchants (NASDAQ: FRME ) is expected to report quarterly earnings at $0.87 per share on revenue of $133.52 million. • First Foundation (NASDAQ: FFWM ) is projected to report quarterly earnings at $0.
Allegion Plc said Friday it agreed to buy Access Technologies LLC from Stanley Black & Decker Inc. for $810 million. The price values the manufacturer, installer and service provider of automatic doors in North America at about 2.4 times its $340 million annual revenue. Allegion said it''s received committed financing from Goldman Sachs & Co. LLC, a unit of Goldman Sachs Group Inc. . Separately, Allegion said it expects to report first-quarter earnings of $1.05 a share and adjusted earnings of $1.07 a share, with revenue of $723 million. Analysts currently expect Allegion to earn 96 cents a share on revenue of $692.2 million. Shares of Allegion are down 15.4% so far in 2022 compared to a drop of 7.8% by the S&P 500 . Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Stanley Black & Decker (SWK) to sell its automatic doors business, Access Technologies, to Allegion plc (ALLE) for $900M in cash
SAN FRANCISCO , April 18, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Smart Locks - Global Market Trajectory & Analytics" . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCE What''s New for 2022? Global competitiveness and key competitor percentage market shares Market presence across multiple geographies - Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to our digital archives and MarketGlass Research Platform Complimentary updates for one year Edition: 10; Released: February 2022 Executive Pool: 2567 Companies: 96 - Players covered include Allegion PLC; Assa Abloy AB; Cansec Systems Ltd.; dormakaba International Holding AG; Master Lock Company LLC; Onity, Inc.; SALTO Systems SL; Spectrum Brands Holdings, Inc. and Others. Coverage: All major geographies and key segments Segments: Lock Type (Deadbolts, Lever Handles, Padlocks, Other Lock Types); Vertical (Commercial, Residential, Institutional & Government, Industrial) Geographies: World; United States ; Canada ; Japan ; China ; Europe ( France ; Germany ; Italy ; United Kingdom ; and Rest of Europe ); Asia-Pacific ; Rest of World.
VEREIT, Inc. (NYSE:VER) announced a monthly dividend on Thursday, October 14th, Zacks reports. Shareholders of record on Tuesday, November 2nd will be paid a dividend of 0.154 per share by the financial services provider on Monday, November 15th. This represents a $1.85 annualized dividend and a yield of 3.67%. The ex-dividend date of this dividend []
The Manufacturers Life Insurance Company acquired a new stake in shares of VEREIT, Inc. (NYSE:VER) in the 2nd quarter, Holdings Channel reports. The firm acquired 4,377 shares of the financial services providers stock, valued at approximately $201,000. Several other large investors have also modified their holdings of the business. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised []
Public Employees Retirement System of Ohio trimmed its holdings in VEREIT, Inc. (NYSE:VER) by 2.8% during the second quarter, Holdings Channel.com reports. The fund owned 368,246 shares of the financial services providers stock after selling 10,468 shares during the period. Public Employees Retirement System of Ohios holdings in VEREIT were worth $16,914,000 at the end []
VEREIT, Inc. (NYSE:VER) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $51.36 and last traded at $51.35, with a volume of 21043 shares traded. The stock had previously closed at $50.47. VER has been the subject of several recent analyst reports. Capital One Financial lowered []
Equities research analysts expect VEREIT, Inc. (NYSE:VER) to post sales of $292.57 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for VEREITs earnings, with the lowest sales estimate coming in at $290.83 million and the highest estimate coming in at $294.30 million. VEREIT posted sales of $293.69 million during []
Equities research analysts expect that VEREIT, Inc. (NYSE:VER) will announce $292.57 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for VEREITs earnings, with the lowest sales estimate coming in at $290.83 million and the highest estimate coming in at $294.30 million. VEREIT reported sales of $293.69 []
VEREIT Inc (VER) shares closed today at 0.5% below its 52 week high of $49.44, giving the company a market cap of $11B. The stock is currently up 33.1% year-to-date, up 62.4% over the past 12 months, and up 25.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 2.0%. Trading Activity Trading volume this week was 37.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 0.9% higher than its 5-day moving average, 3.5% higher than its 20-day moving average, and 9.6% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 40.5% The company's stock price performance over the past 12 months beats the peer average by 85.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 111.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Arch Street Capital Advisors and VEREIT announced the acquisition of Atlas Air''s 100,000 SF regional headquarters , strategically located in proximity to the Cincinnati / Northern Kentucky International airport and the newly developed, three million-square-foot Full story available on Benzinga.com
NEW YORK , July 12, 2021 /PRNewswire/ -- Arch Street Capital Advisors ("Arch") and VEREIT, Inc. ("VEREIT") are pleased to announce the acquisition of Atlas Air''s 100,000 SF regional headquarters, a mission critical, state-of-the-art, high-quality build-to-suit office facility, strategically located in proximity to the Cincinnati / Northern Kentucky International airport, and the newly developed, three million square foot, global hub for Amazon''s Prime Air. The Property is 100% occupied by Atlas Air, Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings (NASDAQ: AAWW ). The acquisition Full story available on Benzinga.com
Barclays PLC (NYSE:BCS) with the stream of 4.59% also noticed, India VEREIT, Inc. (NYSE:VER) encountered a rapid change of 1.75% in the last hour of trading session. Barclays PLC (NYSE:BCS) The post Traders should divert their intention on this Stock: Barclays PLC (NYSE:BCS), VEREIT, Inc. (NYSE:VER) appeared first on Stocks Equity .
PHOENIX, July 8, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company") announced that it expects to issue, jointly with its operating partnership, VEREIT Operating Partnership, L.P. (the "Operating Partnership"), its Second Quarter 2021 Quarterly Report on Form 10-Q on
Aytu Biopharma, Inc. (AYTU) with the stream of -2.22% also noticed, India VEREIT, Inc. (VER) encountered a rapid change of 0.54% in the last hour of Tuesdays trading session. Aytu The post Up to Date Trending Stock: Aytu Biopharma, Inc. (NASDAQ:AYTU), VEREIT, Inc. (NYSE:VER) appeared first on Stocks Equity .
Evercore ISI Stick to Their Hold Rating for VEREIT
VEREIT with ticker code (VER) have now 8 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 53 and 44 and has a mean target at 47.75. Now with the previous closing price of 49.27 this would indicate that there is a downside of -3.1%. The day 50 moving average is 46.69 and the 200 day moving average is 40.13. The market capitalisation for the company is $11,193m. Visit the company website at: /> [stock_market_widget type="chart" symbol="VER" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT''s business model provides equity capital to creditworthy corporations in return for long-term leases on their properties.
VEREIT Inc (VER) shares closed today at 1.9% below its 52 week high of $49.77, giving the company a market cap of $11B. The stock is currently up 30.7% year-to-date, up 48.6% over the past 12 months, and up 38.0% over the past five years. This week, the Dow Jones Industrial Average rose 0.3%, and the S&P 500 rose 0.5%. Trading Activity Trading volume this week was 16.4% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 41.6% The company's stock price performance over the past 12 months beats the peer average by 119.1% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 108.1% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
VEREIT with ticker code (VER) now have 8 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 53 and 44 and has a mean target at 47.75. With the stocks previous close at 48.75 this is indicating there is a potential downside of -2.1%. There is a 50 day moving average of 45.57 while the 200 day moving average is 39.67. The company has a market cap of $11,193m. Find out more information at: /> [stock_market_widget type="chart" symbol="VER" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT''s business model provides equity capital to creditworthy corporations in return for long-term leases on their properties. VEREIT is a publicly traded Maryland corporation listed on the New York Stock Exchange.
VEREIT Inc (VER) shares closed today at 1.8% below its 52 week high of $49.77, giving the company a market cap of $11B. The stock is currently up 30.8% year-to-date, up 48.7% over the past 12 months, and up 38.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.7%, and the S&P 500 rose 0.6%. Trading Activity Trading volume this week was 43.3% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 59.0% The company's stock price performance over the past 12 months beats the peer average by 145.6% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 112.8% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
VEREIT with ticker code (VER) now have 8 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 53 and 41 calculating the average target price we see 46.88. Given that the stocks previous close was at 47.29 this indicates there is a potential downside of -.9%. The 50 day MA is 44.49 while the 200 day moving average is 39.3. The market cap for the company is $10,900m. Company Website: /> [stock_market_widget type="chart" symbol="VER" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT''s business model provides equity capital to creditworthy corporations in return for long-term leases on their properties.
Not all REITs are alikeand not all REITS perform alike, either. For example, the NETLease Corporate Real Estate ETF (NETL), is up 56.8% over the past year, making it one of the top five performing REIT ETFs in that time period. Many REIT ETFs will hold one or two net lease REITs, such as VEREIT [] The post Why to Get Caught in a Net Lease REIT appeared first on ETF Trends .
NEW YORK, May 24, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: VEREIT, Inc. (NYSE: VER) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its
VEREIT with ticker code (VER) now have 8 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 48 and 40 and has a mean target at 45.25. With the stocks previous close at 46.34 this indicates there is a potential downside of -2.4%. The 50 day moving average now sits at 43.51 while the 200 day moving average is 38.82. The company has a market cap of $10,570m. Visit the company website at: /> [stock_market_widget type="chart" symbol="VER" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] VEREIT is a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S. The Company has total real estate investments of $14.6 billion including approximately 3,800 properties and 88.9 million square feet. VEREIT''s business model provides equity capital to creditworthy corporations in return for long-term leases on their properties.
In a report released yesterday, Sheila McGrath from Evercore ISI downgraded VEREIT (VER) to Hold, with a price target of $46.00. The post VEREIT (VER) was Downgraded to a Hold Rating at Evercore ISI appeared first on Smarter Analyst .
NEW YORK , May 6, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. WeissLaw LLP 1500 Broadway, 16 th Floor New York , NY 10036 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com VEREIT, Inc. (NYSE: VER ) WeissLaw LLP is investigating possible … Full story available on Benzinga.com
Nokia, Facebook, Northrop Grumman, 1-800-Flowers and Vereit are five top stock gainers for Thursday.
VEREIT Inc (NYSE: VER ) is moving higher in premarket trading Thursday after the company announced a merger with Realty Income Corp (NYSE: O ). What Happened: Realty Income and VEREIT announced that the two companies entered into a definitive merger agreement. Realty Income will acquire VEREIT in an all-stock transaction, creating a combined company with … Full story available on Benzinga.com
PHOENIX , April 5, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT" or the "Company") announced that it expects to issue, jointly with its operating partnership, VEREIT Operating Partnership, L.P. (the "Operating Partnership"), its First Quarter 2021 Quarterly Report on Form 10-Q on Thursday, May 6, 2021. … Full story available on Benzinga.com
Summary List Placement Green energy stocks are soaring, as investors get bullish on the global push into renewable sources of power and the shift away from more polluting fossil fuels and Europe is very much at the forefront of this revolution. In January alone, Madrid-based renewable energy company EDP Renováveis (EDPR) gained around 50%, exceeding the market cap of its $24 bln parent company EDP. Of course, gains are to be expected as "green investing" becomes increasingly mainstream. But, one of the core drivers of this success has been the cash inflows from exchange-traded funds, according to research by Bank of America. The bank identified 123 clean energy/ESG ETFs globally that hold around €2.9bn-worth of shares in its European utilities and renewables coverage universe. With the S&P Clean Energy Index set to include 5 new stocks, BofA are bullish on five non-pure-play companies that could be candidates for inclusion, giving them access to ETF cash, which in turn might lead to large gains in their share prices. "Surges in ETF flows have repeatedly coincided with material share price moves, especially around index entries and rebalances," the bank said in a note published Wednesday.
Als wichtiger Sicherheitspartner ist die FF Hasendorf in der Gemeinde Wagna mit der Verbund AG eng verbunden. Durch die Anschaffung eines neuen Einsatzfahrzeuges 2020 wurde die Sicherheit auch für das Murkraftwerk der Verbund AG stark und nachhaltig erhöht. Das weiß auch das börsennotierte Unternehmen sehr zu schätzen und hat nun die Hasendorfer Feuerwehr, die wie alle Feuerwehren im letzten Jahr durch das Ausbleiben jeglicher Einnahmen über Veranstaltungen enorme finanzielle Einbußen hinnehmen…
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In Österreich gibt es einen 2.000 Kilometer langen"Erdgashighway" und ein Verteilnetz, das etwa 43.000 Kilometer umfasst. Michael Strugl aus dem oberösterreichischen Mühlviertel ist seit Jänner 2021 Vorstandsvorsitzender der Verbund AG. Als Präsident vom Verband der E-Wirtschaft Oesterreichs Energie baten die Regionalmedien den 57-Jährigen zum Gespräch über die Chancen der Energiewende, Speicherkapazitäten und die Gefahr von Blackouts in Österreich. ÖSTERREICH. Der Strom-Stratege Michael…
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https://www.investing.com/news/stock-market-news/cohen--steers-inc-increased-stake-in-vereit-inc-2385643
PHOENIX , Jan. 5, 2021 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced its December rent collection, tenant credit and transaction activity updates. Rent Collection and Tenant Credit Update as of December 31, 2020 VEREIT had received rent of approximately 97% for December, which includes approximately 2% to be paid in arrears by a Government agency tenant and is in line with October and November rent collection. Tenants representing more than 10% of VEREIT's annualized rental income received credit-positive news during the year including: Red Lobster was purchased by Thai Union Group PCL, a publicly listed company, an investor group led by international restaurant executives, and Red Lobster Management. Top Golf Entertainment Group entered into a merger agreement with Callaway, a publicly listed company, which is expected to close in …
PHOENIX, Dec. 17, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced today that the Company has completed…
PHOENIX , Dec. 16, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced today that it intends to redeem 4,000,000 shares of its 6.70% Series F Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), representing approximately 21.20% of its approximately 18.9 million shares of Series F Preferred Stock outstanding, on January 15, 2021 (the "Redemption Date"). This redemption is in addition to VEREIT's expected Q4 2020 to Q1 2021 property acquisition pipeline of $150 million to $300 million . The Company previously announced it expects property acquisition results to be at the high end of that range. The shares of … Full story available on Benzinga.com
Die EVN-Tochter schüttet den höheren Jahresüberschuss komplett als Dividende aus. Die Burgenland Holding AG hat im abgelaufenen Geschäftsjahr 2019/20 ihren Jahresüberschuss von 9,8 auf 10,3 Mio. Euro gesteigert. Die Beteiligungserträge betrugen 10,5 (10,0) Mio. Euro - der Großteil davon resultierte mit 10,3 (9,8) Mio. aus der Dividende der Energie Burgenland AG. Das Eigenkapital der Burgenland Holding AG (ident mit der Bilanzsumme) wuchs auf 80,7 (80,1) Mio. Euro, gab das Unternehmen am Mittwoch bekannt. Weniger Stromverkauf Die Burgenland Holding AG ist mit 49 Prozent an der Energie Burgenland AG beteiligt. Mehrheitsaktionär der Burgenland Holding AG ist die EVN AG, die unverändert 73,63 Prozent am Grundkapital hält. Mehr als ein Zehntel gehören der Verbund AG und zwischen 5 und 10 Prozent der Wien Energie. Die Burgenland Holding AG schlägt der Hauptversammlung für 2019/20 eine Dividende von 3,45 (3,25) Euro je Aktie vor, in Summe 10,4 Mio. Euro. Für die gesamte Energie-Burgenland-Gruppe geht man für 2019/20 von einem Stromverkauf von 1.208 Gigawattstunden (GWh) aus, um 2,4 Prozent weniger als die 1.237 GWh des Geschäftsjahrs davor.
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Verbund AG und Energie Steiermark haben die finalen Beschlüsse gefasst: Baustart für neues Mur-Laufkraftwerk bei Gratkorn erfolgt 2021, Inbetriebnahme im Jahr 2024 geplant.
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Verbund AG und Energie Steiermark haben die finalen Beschlüsse gefasst: Baustart für neues Mur-Laufkraftwerk bei Gratkorn erfolgt 2021, Inbetriebnahme im Jahr 2024 geplant.
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PHOENIX , Dec. 2, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced its November rent collection and updated transaction activity. Rent Collection Update as of November 30, 2020 VEREIT had received rent of approximately 97% for November, which includes approximately 1% to be paid in arrears by a Government agency tenant and is in line with October rent collection of 97%. Transaction Activity Update as of November 30, 2020 Invested $811 million of capital year-to-date, including $280 million acquired … Full story available on Benzinga.com
PHOENIX , Nov. 9, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT") announced today that its operating partnership, VEREIT Operating Partnership, L.P. (the "Operating Partnership" and, together with VEREIT, the "Company"), priced an offering of $1.2 billion aggregate principal amount of senior notes, consisting of $500.0 million aggregate principal amount of 2.200% senior notes due 2028 at an issue price of 98.881% of par value (the "2028 Notes") and $700.0 million aggregate principal amount of 2.850% senior notes due 2032 at an issue price of 98.928% of par value (the "2032 Notes" and, together with the 2028 Notes, the "Notes"). Interest on the Notes will be payable in cash and will accrue at a rate of 2.200% per annum for the 2028 Notes and 2.850% for the 2032 Notes. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed by VEREIT. The offering of Notes is expected to close on November 17, 2020 , subject to the satisfaction of customary closing conditions.
VEREIT announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Wall Street brokerages expect Vereit Inc (NYSE:VER) to announce sales of $287.71 million for the current quarter, Zacks reports. Two analysts have provided estimates for Vereit’s earnings, with the lowest sales estimate coming in at $287.64 million and the highest estimate coming in at $287.78 million. Vereit reported sales of $302.99 million in the same […]
SAN DIEGO--(BUSINESS WIRE)--Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) announces the sale of Ligand’s Vernalis research operations and internal programs to HitGen Inc. (SHA: 688222) for $25 million in cash. Under the terms of the agreement, Ligand will retain economic rights on completed collaboration licenses as well as a share of the economic rights on current research collaboration contracts. In addition, Vernalis will continue to support certain existing Ligand partnerships. The tra
NEW YORK , Sept. 14, 2020 /PRNewswire/ -- Arch Street Capital Advisors ("Arch Street") is pleased to announce the acquisition of 12975 Worldgate Centre, a high-quality office asset located in the Washington D.C. MSA ("Property") in partnership with VEREIT. The Property is 100% occupied by Peraton and serves as their global headquarters. The acquisition is part of the programmatic joint venture ("Partnership") formed in January 2020 with Arch Street's institutional client, Gatehouse Capital, K.S.C.C., Kuwait . With the subject acquisition, the Partnership has acquired four assets to date, equating to a total value of approximately $170.6 million . The Partnership continues to actively seek new long-term leased, single-tenant office acquisition opportunities. … Full story available on Benzinga.com
PHOENIX , Sept. 8, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant commercial properties in the U.S., announced the closing of $157.5 million of dispositions in the third quarter to accretively fund the previously announced partial redemption of $150.0 million of its 6.70% Series F Cumulative Redeemable Preferred Stock ("Preferred Stock") on September 20 , 2020. The disposition total includes the Company's share of a property contributed to the office partnership of $39.8 million . The other portfolio dispositions were comprised of an additional office sale for $107.0 million at a 5.6% capitalization rate as well as $10.7 million of non-core assets which included a Red Lobster restaurant. Year-to-Date Transaction Summary as of September 2, 2020 Full story available on Benzinga.com
PHOENIX , Aug. 20, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT") announced today that it intends to redeem 6,000,000 shares of its 6.70% Series F Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), representing approximately 24.12% of its approximately 24.9 million shares of Series F Preferred Stock outstanding, on September 20, 2020 (the "Redemption Date") using proceeds from expected dispositions and cash on hand. The shares of Series F Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accrued and unpaid dividends from September 15, 2020 to, but not including, the Redemption Date in an amount equal to $0.0232639 per share, for total proceeds of $25.0232639 per share (the "Redemption Price"). Payment of the Redemption Price will be made on September 21, 2020 , the first business day after the Redemption Date. As previously announced, VEREIT will pay the cash dividend on the Series F Preferred Stock of $0.1395833 for the period from August 15, 2020 through September 14, 2020 to holders of Series F Preferred Stock as of September 1, 2020 , which is the record date for such dividend, on September 15, 2020 .
Projektpräsentation in Klagenfurt - Start 2021 - Investition von rund 20 Millionen Euro geplant. Ein Projekt zur doppelten Nutzung von "grünem" Wasserstoff ist am Montagabend in Klagenfurt vorgestellt worden. Das Modell "H2Carinthia" sei europaweit führend, erklärten der Kärntner Landesrat für Wirtschaft und Mobilität, Sebastian Schuschnig (ÖVP), und Magnus Brunner, Staatssekretär im Umweltministerium (ÖVP). Rund 20 Millionen Euro sollen dafür in den nächsten vier Jahren investiert werden. Projektpartner sind die Infineon Austria AG mit Sitz in Villach, die OMV AG, die Verbund AG, die Postbus AG und die Wasserstoff-Forschungsgesellschaft HyCentA Research GmbH, die die Projektleitung übernimmt. Vertreter der Unternehmen unterzeichneten im Spiegelsaal des Amtes der Kärntner Landesregierung symbolisch einen Letter of Intent. Projektstart ist für 2021 geplant. Infineon benötigt für die Chip-Produktion Wasserstoff als Prozessgas, das derzeit mit Lkw aus Deutschland oder den Niederlanden bezogen wird.
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PHOENIX , June 22, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT") announced today that it intends to redeem 6,000,000 shares of its 6.70% Series F Cumulative Redeemable Preferred Stock ("Series F Preferred Stock"), representing approximately 19.44% of its approximately 30.9 million shares of Series F Preferred Stock, on July 22, 2020 (the "Redemption Date"). The shares of Series F Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accrued and unpaid dividends from July 15, 2020 to, but not including, the Redemption Date in an amount equal to $0.0325694 per share, for total proceeds of $25.0325694 per share (the "Redemption Price"). Payment of the Redemption Price will be made on July 22 , 2020. As previously announced, VEREIT will pay the cash dividend on the Series F Preferred Stock of $0.1395833 for the period from June 15, 2020 through July 14, 2020 to holders of Series F Preferred Stock as of July 1, 2020 , which is the record date for such dividend, on July 15 , 2020.
PHOENIX , June 18, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT") announced today that its operating partnership, VEREIT Operating Partnership, L.P. (the "Operating Partnership" and, together with VEREIT, the "Company"), priced an offering of $600 million aggregate principal amount of 3.40% senior notes due 2028 (the "Notes") at an issue price of 99.144% of par value. Interest on the Notes will be payable in cash and will accrue at a rate of 3.40% per annum. The Notes will be senior unsecured obligations of the Operating Partnership, guaranteed by VEREIT. The offering of Notes is expected to close on June 29, 2020 , subject to the satisfaction of customary closing conditions. The Operating Partnership intends to use the net proceeds from the offering of the Notes to (i) make a distribution to VEREIT to fund the redemption of approximately $100 million of VEREIT's 6.70% Series F Cumulative Redeemable Preferred Stock and (ii) repay borrowings under its revolving credit facility contemporaneously with or shortly after the closing of the offering.
PHOENIX , June 17, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER ) ("VEREIT" or the "Company") today announced updated information on its real estate portfolio and balance sheet in response to the ongoing coronavirus (COVID-19) pandemic. Real Estate Portfolio Update As of June 16, 2020 , VEREIT had received approximately 84% of April rent, 84% of May rent and 82% of June rent, which includes approximately 2% to be paid in arrears by a Government agency tenant. VEREIT is in ongoing discussions with tenants regarding unpaid rent. The property type breakdown is as follows: Property Type April May June Total Retail 86% 86% 86% Casual Dining 27% 37% 29% Quick Service 78% 77% 78% Total Restaurant 49% 54% 50% Total Office 98% 96% 96% Total Industrial 99% 99% 94% Similar to prior months, VEREIT expects to collect additional rent through the end of June which may increase the total percentage collected for the month. VEREIT continues to have one of the highest collection rates as compared to its peers and other retail segments driven by its property type diversification, industry breakdown, investment-grade tenancy, public versus private ownership, and geographic diversity.
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