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Equity REIT $AKR said it is selling 4,200,000 shares in a public offering. Company has granted underwriters a choice to buy up to 630,000 additional shares. $AKR intends to use sale proceeds to fund the purchase price of a retail property in the Central Loop of Chicago which it is acquiring for $146.9MM, as well as for other corporate purposes.
$DAL has good news for New York - Rio de Janiero fliers. Delta plans to start new daily non-stop service between JFK and GIG in Dec. 2017.
Wow!! $MU’s shares rising rapidly. I guess that’s because they beat their second quarter earnings estimates.
It’s not much surprising $FTR shares hit an all-time low as the decline was consistent since the beginning of the year.