Brookfield Property Partners LP (NYSE:BPY) reminded shareholders of Brookfield Office Properties Inc. (NYSE:BPO) of the timing for its exchange offer to acquire any or all of the common shares of BPO that it does not currently own (the “Offer”). The Offer expires on 11:59 p.m. (Eastern time) on March 19, 2014. Under the terms of the Offer, each BPO shareholder can elect to receive consideration per BPO common share of either 1.0 limited partnership unit of Brookfield Property Partners or $20.34 in cash, subject in each case to pro-ration based on a maximum number of BPY limited partnership units and maximum cash consideration equating to 67% and 33%, respectively, of the total number of BPO common shares subject to the Offer. BPO shareholders who receive limited partnership units should be able to do so on a tax-deferred basis. Brookfield Property Partners LP (NYSE:BPY) shares after opening at $18.74 on last trade day and at the end of the day closed at $18.80. Company price to sales ratio in past twelve months was calculated as 0.29. Brookfield Property Partners LP (NYSE:BPY) showed a negative weekly performance of -3.54%.
Mitsubishi UFJ Financial (NYSE:MTU) was the recipient of a significant decline in short interest in January. As of February 28th, there was short interest totalling 2,337,927 shares, a decline of 38.5% from the February 14th total of 3,801,712 shares, AnalystRatingsNetwork reports. Based on an average daily volume of 1,517,784 shares, the short-interest ratio is presently 1.5 days. Currently, 0.0% of the company’s stock are short sold. Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) shares fell -0.54% in last trading session and ended the day on $5.52. MTU return on equity ratio is recorded as 9.30% and its return on assets is 0.50%. Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) yearly performance is -8.00%.
Erie Indemnity (NASDAQ:ERIE) declared a quarterly dividend on Monday, March 3rd, Stock Ratings News reports. Shareholders of record on Monday, April 7th will be given a dividend of 0.635 per share on Tuesday, April 22nd. This represents a $2.54 dividend on an annualized basis and a yield of 3.47%. The ex-dividend date of this dividend is Thursday, April 3rd. Erie Indemnity Company (NASDAQ:ERIE) shares moved down -2.24% in last trading session and was closed at $67.77, while trading in range of $67.44 – $69.23. Erie Indemnity Company (NASDAQ:ERIE) year to date (YTD) performance is -6.50%.
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