Shares of Duke Realty Corp (NYSE:DRE) ended Tuesday session in red amid volatile trading. The shares closed down -0.31 points or -1.12% at $27.42 with 1,499,211 shares getting traded. Post opening the session at $27.84, the shares hit an intraday low of $27.31 and an intraday high of $27.84 and the price vacillated in this range throughout the day. The company has a market cap of $9.66 billion and the numbers of outstanding shares have been calculated to be 350.76 million shares.
Duke Realty Corporation is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It offers a single point of responsibility for all aspects of a project, including leasing, asset management, construction and development. The firm primarily invests in commercial real estate sector. It was founded in 1972 and is headquartered in Indianapolis, Indiana with additional offices in Atlanta, Georgia; Baltimore, Maryland; Central Florida; Chicago, Illinois; Cincinnati, Ohio; Columbus, Ohio; Dallas, Texas; Houston, Texas; Minneapolis, Minnesota; Nashville, Tennessee; New Jersey; Northern and Southern California; Pennsylvania; Phoenix, Arizona; Raleigh, North Carolina; St. Louis, Missouri; Savannah, Georgia; Seattle, Washington; Washington D.C.; and South Florida.
Shares of WP Glimcher Inc (NYSE:WPG) ended Tuesday session in red amid volatile trading. The shares closed down -0.18 points or -1.43% at $12.38 with 1,143,230 shares getting traded. Post opening the session at $12.64, the shares hit an intraday low of $12.34 and an intraday high of $12.64 and the price vacillated in this range throughout the day. The company has a market cap of $2.35 Billion and the numbers of outstanding shares have been calculated to be 185.35 million shares.
WP Glimcher Inc (WPG) on August 31, 2016 announced that its Board has appointed Sheryl von Blucher as a director of the Company effective immediately. Her appointment fills a vacancy on the Board created by the retirement of Marvin L. White at the conclusion of the Company’s annual meeting of shareholders held earlier.
Ms. von Blucher has over 30 years of experience and has led strategic and portfolio planning, operations and corporate finance and development for both domestic and international organizations. She currently serves as partner and managing director for JMJS Group, a private equity partnership. Prior to her tenure there, she led international analysis, strategy and corporate affairs for Heritage Amoco of British Petroleum (BP Amoco). Subsequent to BP Amoco, Ms. von Blucher served as senior vice president of planning and corporate development at Information Handling Services.
“We are fortunate to have Sheryl as an addition to our Board,” said Jacquelyn R. Soffer, Director. “Given her wide-ranging strategy and leadership experience, Sheryl will be an important contributor as an advocate for driving growth and shareholder value.”
Ms. von Blucher is a graduate of Rice University and received a master’s degree from Harvard University. She will serve on the Audit Committee of the Board, with a term that expires in 2017.