Ashford Hospitality Trust, Inc. announced that it will provide an online audio simulcast of its presentation to the investment community at the Oppenheimer 8th Annual Consumer Growth Conference in Boston, July 8-10, 2008. The Company’s presentation will take place on Thursday, July 10, 2008, at 4:10 p.m. ET.
The live audio broadcast of Ashford Hospitality Trust’s [...]
Hospitality Properties Trust announced that it has commenced a public offering of 4,000,000 common shares of beneficial interest. HPT expects to use the net proceeds to repay a portion of the debt incurred to fund its recently completed acquisition of TravelCenters of America, Inc.. The underwriters will be granted a 30-day option to purchase up [...]
Senior Housing Properties Trust announced that it commenced a public offering of 4,500,000 common shares. All of the shares will be issued by SNH. SNH expects to use the proceeds of this offering to repay borrowings outstanding under its revolving credit facility and for general business purposes. It is contemplated that the underwriters will also [...]
Senior Housing Properties Trust announced that it has priced a public follow-on offering of 6,000,000 common shares of beneficial interest at a price of $26.49 per share. The settlement of this sale is expected to occur on Monday, February 12, 2007. SNH expects to use the proceeds of the offering to repay borrowings outstanding under [...]
Allianz Global Investors, the asset management arm of Allianz SE, announced today that it has launched the Allianz RCM Global Eco Trends Fund which invests in companies with exposure to “Eco-Sectors” including the EcoEnergy, Pollution Control and Clean Water sectors.
“Protecting the environment is likely to be a major focus in the 21st century and many [...]
Oppenheimer Asset Management, Inc., together with its affiliates Oppenheimer Holdings Inc. and Oppenheimer & Co. Inc., (Oppenheimer) a leading national investment boutique, and Placemark Investments, Inc., the industry’s largest independent provider of active overlay portfolio management services, are pleased to announce the launch of a unified managed account (UMA) offering created to continue Oppenheimer’s tradition [...]
A ruling forcing an insurer to pay millions of dollars to a Mississippi couple whose home was damaged by Hurricane Katrina didn’t appear to spook investors this week.
Stocks of publicly traded property insurers that denied claims from damage caused by Hurricane Katrina dipped very mildly after the court decision Thursday afternoon. By midday Friday, most [...]
Hospitality Properties Trust announced that the underwriters of its recent equity offering have exercised their over allotment option in full to purchase 1,800,000 additional common shares of beneficial interest. The sale price of these additional shares will be $47.51 per share, less an underwriting discount of $2.019 per share. The sale of the additional shares [...]
