GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 897’s trading results showed consideration of $92,136,819 from 1,134,994 shares traded /PRNewswire/ — Cedar Realty Trust, Inc. (NYSE: CDR) announced today that its Board of Directors has formally approved the payment of a cash dividend of $0.066… Here are the biggest stock market winners and losers in Biden’s massive stimulus plan The company reported good news from a study of its hepatitis B vaccine.
GASCI (www.gasci.com/telephone Nº 223-6175/6) reports that session 897’s trading results showed consideration of $92,136,819 from 1,134,994 shares traded in 41 transactions as compared to session 896’s trading results which showed consideration of $194,765,851 from 2,238,868 shares traded in 19 transactions. The stocks active this week were DIH, DBL, DTC, GSI and PHI.
Banks DIH Limited’s (DIH) nine trades totalling 1,016,273 shares represented 89.54% of the total shares traded. DIH’s shares were traded at a Mean Weighted Average Price (MWAP) of $80.0, which showed no change from its previous close. DIH’s trades contributed 88.24% ($81,301,840) of the total consideration. All of DIH’s trades were at $80.0.
Demerara Bank Limited’s (DBL) nineteen trades totalling 107,199 shares represented 9.45% of the total shares traded. DBL’s shares were traded at a Mean Weighted Average Price (MWAP) of $91.0, which showed no change from its previous close. DBL’s trades contributed 10.59% ($9,755,109) of the total consideration. All of DBL’s trades were at $91.0.
Demerara Tobacco Company Limited’s (DTC) eight trades totalling 922 shares represented 0.08% of the total shares traded. DTC’s shares were traded at a Mean Weighted Average Price (MWAP) of $1,015.0, which showed an increase of $15.0 from its previous close of $1,000.0. DTC’s trades contributed 1.02% ($935,830) of the total consideration. All of DTC’s trades were at $1,015.0.
Guyana Stockfeeds Incorporated’s (GSI) single trade of 600 shares at $74.9 represented 0.05% of the total shares traded. GSI’s shares were traded at a Mean Weighted Average Price (MWAP) of $74.9, which showed no change from its previous close. GSI’s trade contributed 0.05% ($44,940) of the total consideration.
Property Holdings Incorporated’s (PHI) four trades totalling 10,000 shares represented 0.88% of the total shares traded. PHI’s shares were traded at a Mean Weighted Average Price (MWAP) of $9.9, which showed an increase of $0.9 from its previous close of $9.0. PHI’s trades contributed 0.10% ($99,100) of the total consideration. GSI’s first trade of 1,000 shares was at $9.7, its second and third trades totalling 3,000 shares were at $9.8, while its fourth trade of 6,000 shares was at $10.0.
Best bid: The highest price that a buyer is willing to pay for a security.
Best offer: The lowest price at which a seller is offering to sell securities.
TERM OF THE WEEK
Foreign Bond: Like a Eurobond, it is a debt security issued by non-resident borrowers but it is underwritten by a syndicate of banks composed primarily of institutions from one country. It is denominated in that country’s currency and sold principally in that country.
Source: Dictionary of Financial and Securities Terms.
Tel: 223 – 6175/6
1 – Interim Results
2 – Prospective Dividends
3 – Shows year-end EPS but Interim Dividend
4 – Shows Interim EPS but year-end Dividend
EPS: earnings per share for 12 months period to the date the latest financials have been prepared. These include:
2016 – Final results for CJL and PHI.
2019 – Final Results for BTI, HCL and DTC.
2020 – Interim Results for CCI, DDL, GSI, JPS, RDL and SPL.
2020 – Final Results for DIH, CBI, DBL and RBL.
As such, some of these EPS calculations are based on un-audited figures.
P/E Ratio: Price/Earnings Ratio = Last Trade Price/EPS
Dividend yield = Dividends paid in the last 12 months/last trade price.
The market information provided here is provided for informational and educational purposes only and is provided on a time-delayed basis. GASCI does not guarantee the accuracy or completeness of any information contained on this page. Although the information has been obtained by GASCI from sources believed to be reliable, it is provided on an “as is” basis without warranties of any kind. GASCI assumes no responsibility for the consequences of any errors or omissions. GASCI does not make or has not made any recommendation regarding any of the securities issued by any of the companies identified here nor the advisability of investing in securities generally for any particular individual.
Author: By Stabroek News
January 15, 2021
Cedar Realty Trust Declares Dividends On Common And Preferred Stock
PORT WASHINGTON, N.Y., Jan. 15, 2021 /PRNewswire/ — Cedar Realty Trust, Inc. (NYSE: CDR) announced today that its Board of Directors has formally approved the payment of a cash dividend of $0.066 per share on the Company’s Common Stock, payable on February 22, 2021 to shareholders of record as of the close of business on February 10, 2021.
The Company announced that the Board has approved payment of a cash dividend of $0.453125 per share on the Company’s 7 ¼% Series B Cumulative Redeemable Preferred Stock payable on February 22, 2021 to shareholders of record as of the close of business on February 10, 2021.
The Company also announced that the Board has approved payment of a cash dividend of $0.40625 per share on the Company’s 6 ½% Series C Cumulative Redeemable Preferred Stock payable on February 22, 2021 to shareholders of record as of the close of business on February 10, 2021.
About Cedar Realty Trust
Cedar Realty Trust, Inc. is a fully-integrated real estate investment trust which focuses on the ownership, operation and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The Company’s portfolio (excluding properties treated as “held for sale”) comprises 54 properties, with approximately 8.2 million square feet of gross leasable area.
For additional financial and descriptive information on the Company, its operations and its portfolio, please refer to the Company’s website at www.cedarrealtytrust.com.
SOURCE Cedar Realty Trust, Inc.
Author: Cedar Realty Trust, Inc.
6 Sports SPACs To Consider For Your Investing Playbook – Investors News
The SPAC market continues to offer new opportunities for investors to invest based on management teams and target areas of acquisition. Here is a look at six SPACs targeting the sports sector.
Acies Acquisition Corp (NASDAQ:ACAC): Run by former MGM Resorts (NYSE:MGM) CEO James Murren, Acies Acquisition is interested in live events, gaming, hospitality, sports and casinos. The SPAC also includes Boston Red Sox CEO Sam Kennedy in the management team.
Sports Ventures Acquisition (NASDAQ:AKIC): Atlanta Falcons minority owner Alan Kestenbaum and Circle Sports CEO Robert Tilliss launched this SPAC targeting the sports and media sectors.
Bull Horn Holdings (NASDAQ:BHSE): Former NBA player Baron Davis is part of the Bull Horn Holdings team looking at sports franchises, sports technology and entertainment. This SPAC was recently rumored to be acquiring Reebok with Davis and rapper Master P discussing a deal for the sports brand.
Related Link: 10 SPACs Trading Under $11 For Investor To Consider In 2021
IG Acquisition (NASDAQ:IGAC): Tusk Ventures leader Bradley Tusk and Ivory Gaming Group’s Christian Goode are part of the leadership for IG Acquisition. This SPAC is focusing on leisure, gaming and hospitality. Given the team’s history with casinos and sports betting, those could also end up as part of the mix.
Tusk was an early investor in FanDuel. Goode was the President of Genting Americas, which owns two gaming properties in New York. Former Resorts World Las Vegas President Ed Farrell is also part of the SPAC team.
RedBall Acquisition (NYSE:RBAC): Since October, RedBall Acquisition has been linked to a minority stake in Fenway Sports Group. A SPAC deal would give RedBall partial ownership of Major League Baseball’s Boston Red Sox and Liverpool Football Club of the English Premier League.
RedBall Acquisition co-Chair Billy Beane is best known as the sports manager who was the subject of the bestselling book “Moneyball: The Art Of Winning an Unfair Game,” which described his analytics approach of using low-cost players to get wins.
The SPAC also includes Richard Scudmore, a former executive for the English Premier League from 1999 to 2019, which could point to a soccer team acquisition.
The SPAC is focusing on professional sports franchises or sports media as its target area.
Sports Entertainment Acquisition Corp (NASDAQ:SEAH): This SPAC has former professional sports leagues executives as part of the management teams, and will focus on a sports or entertainment-related company.
The team is led by former NHL Chief Operating Officer John Collins and former NFL executive Eric Grubman. Collins was also the CEO of hospitality company On Location Experiences, which was acquired by Endeavor for $660 million.
Timothy Goodell, the brother of NFL commissioner Roger Goodell is also part of the SPAC team.
Photo: Billy Beane, RedBall Acquisition, courtesy of Moboshgu
Why VBI Vaccines Stock Is Vaulting Higher Today
Shares of VBI Vaccines (NASDAQ:VBIV) were vaulting 5.9% higher as of 11:19 a.m. EST on Friday after rising as much as 20.5% earlier in the day. The nice gain came after the company announced positive results from a phase 4 study of its three-antigen hepatitis B virus (HBV) vaccine Sci-B-Vac in younger adults.
VBI said that Sci-B-Vac achieved a seroprotection rate of at least 95% in adults between the ages of 20 and 40 within two months after the second dose of the vaccine. This reflected relatively quick protection against HBV infection in younger adults.
Image source: Getty Images.
Sci-B-Vac has already been approved and launched commercially in Israel. The phase 4 study was conducted in support of establishing the batch included in the study as a new reference standard. Before vaccines are made available in Israel, they must first be tested against a reference vaccine batch that has been evaluated in a clinical study.
Investors’ enthusiastic reaction to VBI’s news, though, probably didn’t relate much to the prospects for Sci-B-Vac in Israel. The company hopes to win regulatory approvals for the vaccine in the U.S., Canada, and Europe. The positive phase 4 results no doubt increased investors’ optimism that VBI will be successful in expanding the markets for Sci-B-Vac.
The European Medicines Agency (EMA) accepted VBI’s filing for approval of its HBV vaccine in December. VBI also submitted a Biologics Licensing Application (BLA) to the U.S. Food and Drug Administration (FDA) last month. The next big catalyst for the biotech stock could come later this year if Sci-B-Vac gets a thumbs-up from the FDA and/or the EMA.
Author: Keith Speights