Kite Realty Group Trust (NYSE:KRG) announced on 1st July the completion of its merger with Inland Diversified Real Estate Trust, Inc. (“Inland Diversified”) valued at approximately $2.1 billion. Kite Realty Group Trust (NYSE:KRG) net profit margin is -12.70% and weekly performance is 5.11%. On last trading day company shares ended up $6.38. Analysts mean target price for the company is $6.94. Kite Realty Group Trust (NYSE:KRG) distance from 50-day simple moving average (SMA50) is 4.19%.
TRI Pointe Homes, Inc. (NYSE:TPH) on 16 June announced that in connection with its proposed combination with Weyerhaeuser Real Estate Company (“WRECO”), WRECO has completed the sale of $450 million principal amount of its Senior Notes due 2019 at a fixed interest rate of 4.375% and $450 million principal amount of its Senior Notes due 2024 at a fixed interest rate of 5.875% through a private placement. The private placement was upsized from an initially proposed aggregate size of $800 million. This transaction is the first notes issuance related to TRI Pointe. Tri Pointe Homes Inc. (NYSE:TPH) shares advanced 1.94% in last trading session and ended the day on $15.76. TPH gross Margin is 22.00% and its return on assets is 4.20%.Tri Pointe Homes Inc. (NYSE:TPH) quarterly performance is -7.29%.
JPMorgan Chase & Co. restated their neutral rating on shares of Alpha Natural Resources Inc. (NYSE:ANR) in a research note issued to investors on Monday. The firm currently has a $5.00 price target on the stock, down from their previous price target of $6.00. Alpha Natural Resources, Inc. (NYSE:ANR) shares moved up 3.58% in last trading session and was closed at $3.76, while trading in range of $3.63 – $3.82. Alpha Natural Resources, Inc. (NYSE:ANR) year to date (YTD) performance is -47.34%.
On June 27, 2014 in connection with the prior appointment of Michael F. Doolan as Executive Vice President and Chief Financial Officer of Molycorp, Inc.(NYSE:MCP), Mr. Doolan has entered into an employment agreement (“Doolan Employment Agreement”) with the Company’s Canadian subsidiary, Molycorp Minerals Canada ULC. Pursuant to the terms of the Doolan Employment Agreement, Mr. Doolan continues to receive an annual base salary of Cdn$425,000, subject to increases at the Company’s discretion, and will participate in the Company’s annual incentive plan at a target level of 65% of his base salary and in the Company’s long-term incentive program at a target level of 125% of his base salary. Molycorp Inc. (NYSE:MCP) ended the last trading day at $2.44. Company weekly volatility is calculated as 4.83% and price to cash ratio as 2.53.Molycorp Inc. (NYSE:MCP) showed a negative weekly performance of -3.17%.
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) on June 23 announced the recent appointments of three executives with extensive pharmaceutical industry experience in the areas of global quality, medical affairs, and drug safety and pharmacovigilance: Timothy Maines, Vice President, Quality, Yan Moore, M.D., Vice President, Medical Affairs and Piet A.M Vervaet, M.D., Vice President, Drug Safety and Pharmacovigilance. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) weekly performance is 1.56%. On last trading day company shares ended up $6.49. Analysts mean target price for the company is $9.44. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) distance from 50-day simple moving average (SMA50) is -3.00%.