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Piedmont Office Realty Trust Inc. (NYSE:PDM) gets into acquisition, sale in Dallas market; Broadridge Financial Solutions, Inc. (NYSE:BR), BGC Partners, Inc. (Nasdaq:BGCP)

By Peter Morris February 3, 2015
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Piedmont Office Realty Trust Inc. (NYSE:PDM) gets into  acquisition, sale in Dallas market. Piedmont Office Realty Trust affirmed that it has finished two capital markets exchanges in Dallas in the most recent two weeks of January, facilitating its procedure of extending its vicinity in select submarkets of major U.s. urban areas. These exchanges, together with the organization's current resources, brings the Dallas territory portfolio to give or take 2m square feet. In NYSE, PDM traded with a change of $0.16 and closed for the day at $19.37 with a volume of 890,399 shares. PDM‘s revenue in last one year has been $ 565.75M, return on assets 1.53%  and return on equities 1.78% .

 

Broadridge Financial Solutions, Inc. (NYSE:BR) inks deal with Broadridge. Broadridge Financial Solutions reported that Pershing Securities Australia Limited, which is part of BNY Mellon, has chosen Broadridge's Australian post-exchange preparing arrangement as its new center  and back-office transforming stage for outsider local clearing. The arrangement is intended to build process efficiencies and give adaptability to help prospective business sector and administrative changes focused around a present day stage. BR traded in the green and closed at $48.47 for the day. The stock saw a change of $0.48(1.00%) with a volume of 606,254shares. BR has a market cap of $ 5.82B.

 

BGC Partners, Inc. (Nasdaq:BGCP) reacts to GFI Group claim to explore alternatives. BGC Partners (BGCP) reacted to the odd declaration by GFI Group (GFIG) that it "will explore strategic alternatives." Howard Lutnick, Chairman and CEO of BGC, said , "BGC's $6.10 per share all-cash tender offer is both the highest price offered for GFI and the only proposal that remains actionable by GFI's shareholders. GFI and its management team have been exploring 'strategic' alternatives for their company for a year and a half, and decided based on this exploration that the now defunct $4.55 per share was the price that GFI shareholders should have accepted..” BGCP is part of the Financial sector in Investment Brokerage - National  industry. The stock closed for the day at $8.00 with a change of $0.17 or 2.17%. BGCP traded in a range of $7.78 to $8.02 through the day. The stock’s 52 week range is $6.16 to $9.57.

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By Peter Morris February 3, 2015
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