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Stock Market & Financial Investment News

News Breaks
June 5, 2014
09:04 EDTSJM, WPCW.P. Carey acquires $48M J.M. Smucker Chicago distribution facility
W. P. Carey (WPC) has acquired, from Exeter Property Group, a 824,624 square foot distribution facility for a total acquisition price of approximately $48M. The facility is located outside of Chicago and is leased to a subsidiary of J.M. Smucker (SJM) for a period of 9.5 years.
News For WPC;SJM From The Last 14 Days
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December 19, 2014
07:32 EDTWPCW.P. Carey announces $86M acquisition of of City Center Rotterdam Office Towers
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December 17, 2014
07:33 EDTWPCW.P. Carey acquires $29.5M industrial and distribution facility leased to Polaris
W. P. Carey (WPC) has acquired a newly-constructed, approximately 362,000 square-foot, light-industrial and distribution center in Opole, Poland for $29.5M leased to Polaris Industries (PII). The facility will serve as Polaris' primary European assembly and distribution center. The net lease will be for an initial 15-year term and include CPI-based rent growth.
December 11, 2014
16:10 EDTWPCW.P. Carey's CPA:17 - Global acquires office building for $34M in Minnesota
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December 10, 2014
17:07 EDTSJMJ.M. Smucker announces price increases on K-cup packs
The J. M. Smucker Company announced that it is increasing the list price on its K-Cup packs sold in the United States under the Folgers, Folgers Gourmet Selections, Cafe Bustelo, and Millstone brand names. Prices will increase an average of 8%. The price increase, which will be effective on January 5, 2015, is in response to sustained increases in costs.
16:23 EDTWPCW.P. Carey increases quarterly dividend to 95c
W. P. Carey increased its quarterly cash dividend to 95c per share, payable on January 15, 2015 to stockholders of record as of December 31, 2014.

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