On Tuesday, Shares of Starwood Property Trust, Inc. (NYSE:STWD), subtract -1.35% and closed at $21.90 in the last trading session. The last trading range of the stock ranges between $21.77 and $22.20. Starwood Property Trust, Inc. originates, acquires, finances, and manages commercial mortgage loans, other commercial real estate debt investments, commercial mortgage-backed securities, and other commercial real estate- investments in the United States and Europe. It operates through three segments: Real Estate Lending, Real Estate Investing and Servicing, and Real Estate Property. The company qualifies as a real estate investment trust for federal income tax purposes and would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders.
Franklin Resources, Inc. (NYSE:BEN), dropped -1.41% and closed at $35.77 in the last trading session. The last trading range of the stock ranges between $35.70 and $36.42. The company’s Market capitalization is $21.02 Billion with the total Outstanding Shares of 576.12 million. Templeton Global Income Fund ( NYSE : GIM ) recently declared its regular monthly dividend from net investment income of $0.025 per share, payable on October 31, 2016, to shareholders of record on October 17, 2016 (Ex-Dividend Date: October 13, 2016).
The Fund’s investment manager, Franklin Advisers, Inc., is a wholly owned partner of Franklin Resources, Inc. ( NYSE : BEN ), a global investment administration organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment administration to retail, institutional and sovereign wealth clients in over 180 countries. Through specialized teams, the company has expertise across all asset classes — counting equity, fixed income, alternative and custom solutions. The company’s more than 600 investment professionals are supported by its integrated, worldwide team of risk administration professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience and over $740 billion in assets under administration as of August 31, 2016.
Melco Crown Entertainment Ltd (ADR)(NASDAQ:MPEL), gained 0.43% and closed at $16.33 in the last trading session. The last trading range of the stock ranges between $16.16 and $16.41. During the 52-week trading session the minimum price at which share price traded, registered at $11.90 and reached to max level of $20.23. City of Dreams Manila receives another accolade, affirming the luxury integrated resort’s service and product excellence that continues to draw acclaim from local and international visitors as a world-class leisure and entertainment destination.
Crown Towers Manila, one of three premier luxury hotels built at the 6.2 hectare complex, garnered two design awards in the prestigious International Hotel and Property Awards 2016, Best Hotel over 200 Rooms (Asia Pacific) and Best Lobby/Public Area/Lounge (Global), at an awards ceremony held recently at Hotel Cipriani in Venice.
“City of Dreams Manila carries the very best DNA of the Melco Crown Entertainment brand. Following Mr. Lawrence Ho, our Chairman and CEO’s grand vision, City of Dreams Manila has joined its sister properties in Macau to become the best in its breed,” Geoff Andres, Property President of City of Dreams Manila, remarked. “We are elated and proud over this international distinction that strengthens City of Dreams Manila’s position as the ultimate in entertainment and hospitality, offering a spectacular and cosmopolitan collection of contemporary and leisure experiences. It affirms our commitment to deliver outstanding quality products and services and enhance the leisure landscape in the country at a level equal to the best in the world.”