On Monday, Shares of Berkshire Hathaway Inc. (NYSE:BRK.B), subtract -0.49% and closed at $143.76 in the last trading session. The last trading range of the stock ranges between $143.21 and $144.31. Long Island Iced Tea Corp. ( NASDAQ : LTEA ) (the “Company”), a growth-oriented company focused on the ready-to-drink (“RTD”) tea segment in the beverage industry, recently declared that its beverages are now sold through Empire Distributors, Inc. (“Empire”), which services over 8,000 accounts across Georgia, North Carolina and Tennessee.
Philip Thomas, Chief Executive Officer of the Company, stated, “We are thrilled to begin this new partnership with Empire as we continue to broaden our presence in the Southeast. Empire is a premier distributor and with its vast network will assist us to further solidify our presence in the region, reinforcing the validity of our strategy to progress from distributors to regional chains to national chains.”
Jimmy Tryon, Retail Wine Division Manager of Empire Distributors, stated, “Long Island Iced Tea is the perfect complement to our company’s ever growing non-alcoholic portfolio. We are thrilled to launch this brand in the Georgia market. It is a quality product and will surely make an impact here in the south where we certainly love our tea and are looking for a healthier choice.”
Helmerich & Payne, Inc. (NYSE:HP), jumped 0.25% and closed at $67.47 in the last trading session. The last trading range of the stock ranges between $65.97 and $68.08. The company’s Market capitalization is $7.52 Billion with the total Outstanding Shares of 108.07 million. Helmerich & Payne, Inc. engages in the contract drilling of oil and gas wells. It provides drilling rigs, equipment, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas. The company operates through three segments: U.S. Land, Offshore, and International Land. The U.S. Land segment drills mainly in Oklahoma, California, Texas, Wyoming, Colorado, Louisiana, Mississippi, Pennsylvania, Ohio, Utah, New Mexico, Montana, North Dakota, West Virginia, and Nevada. The Offshore segment has drilling operations in the Gulf of Mexico and Equatorial Guinea. The International Land segment conducts drilling operations in Ecuador, Colombia, Argentina, Bahrain, the United Arab Emirates, and Mozambique. As of November 12, 2015, the company operated a fleet of 344 land rigs in the United States; 38 international land rigs; and 9 offshore platform rigs. The company also owns, develops, and operates commercial real estate properties; and researches and develops rotary steerable technology.
Equity Residential (NYSE:EQR), lost -1.92% and closed at $63.09 in the last trading session. The last trading range of the stock ranges between $63.07 and $64.08. During the 52-week trading session the minimum price at which share price traded, registered at $62.39 and reached to max level of $82.39. Equity Residential (EQR) recently declared that the company will release its third quarter 2016 operating results on Tuesday, October 25, 2016 after the close of market and host a conference call to discuss those results on Wednesday, October 26, 2016 at 10:00 am Central. The conference call will be available via web cast on the Shareholder section.
Equity Residential is an S&P 500 company focused on the acquisition, development and administration of rental apartment properties in urban and high-density suburban coastal gateway markets where recently’s affluent renters want to live, work and play. Equity Residential owns or has investments in 306 properties consisting of 78,181 apartment units, mainly in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California.