Fin Stocks Review! Mitsubishi UFJ Financial Group Inc (MTU), Parkway Properties Inc (PKY)

Shares of Mitsubishi UFJ Financial Group Inc (ADR) (NYSE:MTU) ended Friday session in red amid volatile trading. The shares closed down -0.01 points or -0.20% at $5.03 with 473,513.00 shares getting traded. Post opening the session at $5.01, the shares hit an intraday low of $5.00 and an intraday high of $5.04 and the price vacillated in this range throughout the day. The company has a market cap of $71.56 billion and the numbers of outstanding shares have been calculated to be 14.00 billion shares.

Mitsubishi UFJ Financial Group Inc (ADR) (MTU) extended congratulations to clients Grupo Aeroportuario de la Ciudad de México, Interchile and Waha for capturing Project & Infrastructure Finance 2016 Deals of the Year honors from LatinFinance.

MUFG, one of the world’s leading financial institutions, provided financing to clients recognized by LatinFinance in the following categories:

Grupo Aeroportuario de la Ciudad de México (3)

Best Airport Financing

Best Loan

Best Infrastructure Financing – Mexico

Best Airport Financing

Best Loan

Best Infrastructure Financing – Mexico

Interchile

Best Power Financing

Best Power Financing

Waha

Best Oil & Gas Financing

Best Oil & Gas Financing

“MUFG is happy to see three of our valued clients receive recognition from LatinFinance for these important project and infrastructure financings,” said Jonathan Lindenberg, MUFG’s Deputy Head of Investment Banking for the Americas. “We congratulate each one of them on capturing these awards, and are proud to have played a role in helping them to get it done.”

Shares of Parkway Properties Inc (NYSE:PKY) ended Friday session in green amid volatile trading. The shares closed up +0.05 points or 0.28% at $18.19. Post opening the session at $18.08, the shares hit an intraday low of $18.05 and an intraday high of $18.22 and the price vacillated in this range throughout the day. The company has a market cap of $1.99 billion and the numbers of outstanding shares have been calculated to be 111.77 million shares.

Parkway Properties Inc (PKY) announced results for its second quarter ended June 30, 2016.

Highlights for Second Quarter 2016

Reported basic and diluted net loss per common share for the second quarter of $0.02

Reported second quarter FFO of $0.29 per diluted share

Reported second quarter Recurring FFO of $0.34 per diluted share

Entered into a definitive agreement with Cousins Properties Incorporated (CUZ) for a stock-for-stock merger and subsequent spin-off of the Houston-based assets of both companies into a new publicly traded REIT

 

 

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