On Friday, Shares of Servicemaster Global Holdings Inc (NYSE:SERV), added 2.35% and closed at $36.20 in the last trading session. The last trading range of the stock ranges between $35.25 and $36.25. ServiceMaster Global Holdings, Inc. (SERV), a leading provider of essential residential and commercial services, recently declared that Chief Financial Officer Alan Haughie will take part at the J.P. Morgan 2016 Ultimate Services Shareholder Conference on November 15, 2016 in New York, NY. A live audio webcast of the presentation at 11:15 ET (10:15 CT) will be available on the company’s website in the shareholder relations section.
NorthStar Asset Administration Group Inc (NYSE:NSAM), jumped 1.92% and closed at $13.80 in the last trading session. The last trading range of the stock ranges between $13.53 and $13.86. The company’s Market capitalization is $2.66 Billion with the total Outstanding Shares of 188.94 million. NorthStar Real Estate Income II, Inc. (NorthStar Income II) declared that it priced a $284.2 million non-recourse, match-term, non-mark-to-market financing transaction in the form of a commercial mortgage-backed securitization (CMBS), NorthStar 2016-1, at a weighted average cost of funds of LIBOR + 2.07% and an advance rate of 68% ($193 million of investment grade bonds issued and sold). The transaction is collateralized by a pool of 10 commercial real estate mortgage loans, all but one of which was directly originated by NorthStar Income II and three senior participations originated by NorthStar Real Estate Income Trust, Inc. (NorthStar Income). NorthStar Income II contributed about $254.7 million of collateral to the transaction, and NorthStar Income contributed about $29.5 million of collateral to the transaction. The transaction closed on November 9, 2016.
Shake Shack Inc (NYSE:SHAK), jumped 2.44% and closed at $37.71 in the last trading session. The last trading range of the stock ranges between $36.20 and $38.17.The company stock’s 52-week range is $30.00 – $47.00. Shake Shack Inc. (“Shake Shack” or the “Company”) (SHAK), recently stated its financial results for the third quarter ended September 28, 2016, a period that included 13 weeks.
Financial Highlights for the Third Quarter 2016:
Total revenue raised 40.0% to $74.6 million.
Shack sales raised 40.2% to $71.9 million.
Same-Shack sales raised 2.9%.
Operating income raised 17.5% to $9.2 million.
Shack-level operating profit*, a non-GAAP measure, raised 32.6% to $20.7 million, or 28.8% of Shack sales.
Adjusted EBITDA*, a non-GAAP measure, raised 26.3% to $15.2 million.
Net income attributable to Shake Shack Inc. was $3.8 million, or $0.15 per diluted share.
Adjusted pro forma net income*, a non-GAAP measure, raised 25.1% to $5.5 million, or $0.15 per fully exchanged and diluted share.
Ten system-wide Shack openings, counting seven domestic company-operated Shacks and three net new licensed Shacks.