HCP Inc (HCP.N) said it would spin off its beleaguered HCR ManorCare skilled nursing and assisted living business into a publicly traded real estate investment trust (REIT) to focus on assets that are less dependent…
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American Savings Bank, F.S.B.(American), a wholly-owned indirect subsidiary of Hawaiian ElectricIndustries, Inc. (HEI) (NYSE – HE), today reported net income of $12.7 millionfor the first quarter of 2016 compared to $15.0 million in the fourth…
Moody’s Investors Service has affirmed Lifestyle International Holdings Limited’s (Lifestyle) Baa3 issuer rating. At the same time, Moody’s has affirmed the Baa3 senior unsecured debt ratings on the notes issued by LS Finance (2017) Limited,…
Uniper, the power plant and energy trading business being spun off by German utility E.ON , said on Tuesday it would cut costs and sell assets in its battle against weak markets, adding there would…
EMPRESA NACIONAL DE ELECTRICIDAD S.A. (“Endesa Chile”) (NYSE: EOC) and ENDESA AMÉRICAS S.A. (“Endesa Américas”) (NYSE: EOCA) today announced that Endesa Chile completed the distribution of the common stock of Endesa Américas to the holders…
WestRock Company (NYSE:WRK)today announced that its Board of Directors has approved the completion of theseparation of its specialty chemicals business from the remaining businessesof WestRock to form Ingevity Corporation (Ingevity). The planned separation,which is expected…
… This is seen bringing renewed efforts to boost efficiency across Volvo’s sprawling production system and a possible spin-off of its construction gear arm, though a deal may only be likely once hard-hit equipment demand…
A 109% profit in one month for investing in the speculative stock Nuvectra Corporation (NVTR) is more than enough for me, so I’ll sell it (at an average price of $9.4) and say thanks to…
On April 14, 2016, Highlands REIT, Inc. (the “Company”) and InvenTrust Properties Corp. (“InvenTrust”), which owns all of the Company’s outstanding common stock, entered into a separation and distribution agreement (the “Separation and Distribution Agreement”)…