Month: August 2017

Gramercy Property Trust GPT has been making diligent efforts to enhance its portfolio in desired markets through opportunistic acquisitions. Recently, the company announced that it has agreed to buy a portfolio of nine Class-A industrial buildings, spanning across two million square feet of space. The company will shell out $331 million for this buyout. […]

Having a good consultant which has better resources, talent pool and global reach is much more effective in securing deals. It seems that Apple Inc. […]

Shrinking footfall at malls amid shift of consumers toward online channels, store closures and bankruptcy of retailers emerged as a pressing concern for majority of the retail REITs. But not all are equally facing the brunt, and some have managed to book gains even in this environment, thanks to the business models. On such stock is Realty Income Corporation O , shares of which have outperformed the industry in the past three months, gaining 2.5% against 1.9% increase of that of its industry . […]

The U.S. Energy Department's inventory release showed that crude stockpiles recorded another massive drop on continued strong refinery runs. With oil supplies falling for the ninth week, investor sentiment has turned slightly positive on dissipating fears about a meltdown to sub-$40 levels. […]

Shares of Electronic Arts Inc. EA rallied to a new 52-week high of $122.08, eventually closing a tad lower at $121.97 on Aug 30. […]

In what can be seen as the coming together of two behemoths, Amazon.com, Inc. AMZN and Microsoft Corporation MSFT has entered into a partnership that will help better integrate their personal assistant technologies. […]

Mexico’s telecom regulatory authority, the Federal Telecommunications Institute (IFT), has launched a call for expressions of interest in a total of 21 blocks of wireless frequencies for trunking services across the country. The frequencies will be within the spectrum band of 400-450 MHz. Of the 21 blocks, three are reserved for national trunking services and the remaining for regional trunking services, equivalent to two per Mexican region […]

Northrop Grumman Corp. ’s NOC unit, Northrop Grumman Systems Corp., has secured a contract to offer logistics support services for government-owned fixed wing fleet performing special electronic mission aircraft missions. Details of the Deal The contract, which is valued at $116.9 million, has been awarded by the U.S […]

Last week saw a number of important developments in the telecom industry. U.S. […]

Shares of Mondelez International Inc. MDLZ , a U.S. […]

U.S. telecom behemoth, AT&T Inc. T , is looking forward to spread its 5G technology trials to three new cities by the year end. […]

The U.S. renewable energy industry has been experiencing solid growth over the last several years. In fact, reports suggest that U.S. […]