$AIZ's revenue fell 16.6% to $2.2Bil in 1Q16, due to lower net earned premiums and net investment income. Net earned premiums fell 34.5% while fees and other income rose 28% in the quarter. Total assets as of March 31, 2016 were about $30.3Bil.
$CPT announced the appointment of Heather J. Brunner and Renu
Khator to the company's Board of Trust Managers, effective January 13, 2017.
Ms. Brunner and Ms. Khator will each serve as an independent Trust Manager of
it has timely completed its plan to return $1Bil of capital to shareholders by CY16-end.
During 2Q17, $CDK returned a total of $370MM through dividends and share
repurchases. The $370MM was comprised of $20MM in dividends, $20MM of open
market share repurchases, and $330MM in accelerated share repurchases (ASR).
$FCPT announced acquisition of a Taco Bell property in Columbia, South Carolina for $2.4MM. A portion of the acquisition funding was raised through $FCPT's use of its "At the Market" offering program. The transaction closed at a going-in cash cap rate of 6.5%, exclusive of transaction costs.