NorthWest Healthcare Properties REIT Completes Equity Offering For Gross Proceeds of $253.15 Million

NorthWest Healthcare Properties REIT (NWH-UN.TO) has completed its previously announced public offering, including the exercise of the over-allotment option, for total gross proceeds of $253.15 million. Together with the previously announced $25.0 million private placement to NorthWest Value Partners Inc., which is expected to close in January 2020, the total gross proceeds is approximately $278.1 million. NWVP will hold an […]

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Toro Shares Slide After Fiscal Fourth-Quarter Sales

Toro (TTC) shares slid Wednesday after the turf-equipment maker’s fiscal fourth-quarter sales missed expectations and the company’s first-quarter forecast for earnings missed views. The Bloomington, Minn.-based company’s net sales in the period ended Oct. 31 rose to $734.4 million from $539.3 million in the prior-year period. The consensus compiled by Capital IQ was for $745 million. Adjusted per-share earnings were […]

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Wheeler Real Estate Investment Trust Gets Egan-Jones Backing for Board Nominees

Wheeler Real Estate Investment Trust (WHLR) said Tuesday that Egan-Jones Proxy Services and independent proxy advisory firm Glass Lewis have recommended that the company’s shareholder vote for the company’s board nominees. The real estate investment trust said that Egan-Jones has backed the management and board in their bid to improve the company’s financial position by reducing its debt ratio and […]

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Primoris Services Says It Has $1 Billion Contract With Utility Customer in Texas

Specialty contractors Primoris Services (PRIM) said Monday that it has secured a new five-year master service agreement with a major utility customer with an anticipated value of $1 billion. Under the new agreement, the company will provide various services, including construction and maintenance of electrical infrastructures, for the customer throughout Texas. The new contract, which replaces an existing agreement that […]

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OSI Systems Lands $15 Million In Contracts For Cargo

OSI Systems (OSIS) said Thursday that its security division was awarded contracts valued at about $15 million to provide multiple units of its Rapiscan Eagle P60 cargo and vehicle inspection systems to an international port authority. The company did not identify its client. OSI said it is also expected to construct civil works to support’ installation and provide training for […]

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Morgan Stanley Fined EUR20 Million by French Regulators for Bond Manipulation

Morgan Stanley (MS) is slightly lower in Wednesday’s afternoon session after French financial regulators imposed a fine of EUR20 million on the bank for bond manipulation. The enforcement committee of the Autorite des marches financiers disclosed the penalty in a statement on its Web site. The committee determined Morgan Stanley manipulated the price of 14 French government bonds and 8 […]

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Nio Delivers 2,528 Cars in November

China-based electric can manufacturer Nio (NIO) said Thursday it delivered 2,528 vehicles in November. The figure comprised 2,067 ES6 models, the company’s five-seater SUV, and 461 ES8s, a seven- and six-seater SUV. According to Caixin Global report Friday, the November delivery marks the fourth straight month of sales increase, however, the latest figure was only two cars higher compared with […]

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The Kroger Company Q3 Earnings, Revenue Falls Short of Forecasts; Shares Lose 2% in Pre Market

The Kroger Company (KR), which owns a chain of supermarkets, reported Q3 adjusted earnings per share of $0.47, down from $0.48 during the year-ago quarter and missing consensus compiled by Capital IQ of $0.49 a share. Shares of Kroger are trading more than 2% lower in the pre-market session. Revenue for the quarter was $27.97 billion, up from $27.83 billion […]

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