Essex Property Trust Inc. (NYSE:ESS) closed on its purchase of BRE Properties Inc. to create a combined, $11.1 billion company, the largest real estate investment trust on the West Coast. Essex Property Trust Inc. (NYSE:ESS) shares after opening at $170.72 moved to $174.00 on last trade day and at the end of the day closed at $174.00. Company price to sales ratio in past twelve months was calculated as 10.91 and price to cash ratio as 124.87. Essex Property Trust Inc. (NYSE:ESS) showed a positive weekly performance of 2.69%.
BRE Properties Inc. (NYSE:BRE) and Essex Property Trust Inc. (ESS: Quote) announced after the close Tuesday that they completed their merger. BRE Properties Inc. (NYSE:BRE) shares fell -2.84% in last trading session and ended the day on $61.00. BRE return on equity ratio is recorded as 12.40% and its return on assets is 6.00%. BRE Properties Inc. (NYSE:BRE) yearly performance is 27.22%.
Nordion Inc. (NYSE:NDZ), announced that the Ontario Superior Court of Justice has granted an order extending the time for calling and holding the Company’s annual general meeting (the “AGM”), which was scheduled to take place on April 29, 2014. Nordion Inc. (USA) (NYSE:NDZ) shares moved up 0.17% in last trading session and was closed at $11.54, while trading in range of $11.50 – $11.56. Nordion Inc. (USA) (NYSE:NDZ) year to date (YTD) performance is 35.92%.
Fabrinet (NYSE:FN) provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services. Headquartered in Cayman Islands, the company will be added to the S&P SmallCap 600 Electronic Manufacturing Services Sub-Industry index. Fabrinet (NYSE:FN) weekly performance is 2.71%. On last trading day company shares ended up $20.49. Fabrinet (NYSE:FN) distance from 50-day simple moving average (SMA50) is 7.50%.
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