UMH Properties Prices Offering of Shares

UMH Properties Prices Offering of Shares

UMH Properties, a real estate investment trust, said it has priced an underwritten public offering of 5 million shares of its 6.75% series C cumulative redeemable preferred stock at $25 per share. It has granted underwriters a 30-day option to buy an additional 750,000 shares. The company expects to receive net proceeds from the offering before expenses of approximately $121.1 million and expects to close the transaction on July 26. […]

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ClearSign Combustion Receives Order

ClearSign Combustion Receives Order

Shares of ClearSign Combustion, a provider of industrial combustion technologies to reduce pollutant emissions, are nearly 17% higher after announcing late Thursday it obtained a purchase order to test its Duplex combustion technology as a precursor to an installation at a super major oil refinery. The company said the oil company is funding the testing to determine Duplex’s suitability for a variety of refinery process heaters and conditions in a […]

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Terreno Realty Acquires Building in Seattle

Terreno Realty Acquires Building in Seattle

Terreno Realty, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, said Monday morning that it has acquired an industrial property located in Seattle, Washington for $4.0 million. The property consists of one industrial trans-shipment building containing 13,000 square feet on 1.4 acres adjacent to Seattle’s Port and SoDo district. The property is at 53 S Dawson Street, provides 12 dock-high and three grade-level […]

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General Motors Shares Higher

General Motors Shares Higher

General Motors shares were up almost 2% Monday morning even though the car maker reported June U.S. total sales decreased 5% to 243,155 vehicles from the same period last year. Monthly U.S. retail sales were 202,908 vehicles, down about 3% from the same period last year. But the company said that its crossover retail sales were up 23%, due largely to the strength of Chevrolet Equinox, which were up 36%. […]

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Energy Stocks Higher

Energy Stocks Higher

Energy stocks put up solid gains again today, with the NYSE Energy Sector Index rising about 0.7% while shares of energy companies in the S&P 500 still were up more than 0.3% as a group. Crude oil for August delivery settled 86 cents higher at $44.24 per barrel while August natural gas futures rose 2 cents to $3.06 per 1 million BTU. In company news, Pacific Ethanol (PEIX) was holding […]

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