On Wednesday, Shares of General Motors Company (NYSE:GM), subtract -0.66% and closed at $31.68 in the last trading session. The last trading range of the stock ranges between $31.65 and $31.99. The company’s Market capitalization is $49.08 Billion with the total Outstanding Shares of 1.56 billion. During the 52-week trading session the minimum price at which share price traded, registered at $26.69 and reached to max level of $36.88. General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. The company operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments. It markets its vehicles mainly under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, Vauxhall, Baojun, Jiefang, and Wuling brand names. The company also sells cars and trucks to dealers for consumer retail sales, in addition to to fleet customers, counting daily rental car companies, commercial fleet customers, leasing companies, and governments. In addition, it offers connected safety, security and mobility solutions, and information technology services.
Cousins Properties Inc (NYSE:CUZ), dropped -24.19% and closed at $7.57 in the last trading session. The last trading range of the stock ranges between $7.19 and $7.66. The company’s Market capitalization is $1.59 Billion with the total Outstanding Shares of 222.50 million. During the 52-week trading session the minimum price at which share price traded, registered at $7.19 and reached to max level of $11.40. Cousins Properties Incorporated (CUZ) (“Cousins”) declared recently it has accomplished the spin-off of Parkway, Inc. (“New Parkway”), a new, independent REIT that will be publicly traded on the NYSE under the symbol “PKY.”
The spin-off occurred by means of a special dividend to Cousins stockholders of all of the outstanding shares of New Parkway stock. Under the terms of the spin-off, Cousins stockholders received one share of New Parkway common stock for every eight shares of Cousins common stock held as of the record date of October 6, 2016. Cousins common stockholders will receive cash in lieu of any fractional shares they would otherwise have been entitled to receive in the distribution.
Since October 3, 2016, New Parkway shares have traded on a “when issued” basis on the NYSE under the symbol “PKY.WI.” The “when issued” trading of New Parkway ended as of the market close on October 6, 2016. Starting recently, the “regular way” trading of New Parkway common stock will begin under the symbol “PKY.” Shares of Cousins will continue to trade under the symbol “CUZ.”
Legg Mason Inc (NYSE:LM), gained 2.16% and closed at $32.70 in the last trading session. The last trading range of the stock ranges between $31.20 and $32.98. During the 52-week trading session the minimum price at which share price traded, registered at $24.93 and reached to max level of $46.41.Legg Mason, Inc. (LM) stated preliminary assets under administration of about $732.9 billion as of September 30, 2016. This month’s AUM included long-term outflows of $1.4 billion, consisting of net outflows in fixed income of $0.8 billion, alternatives1 of $0.5 billion and equity of $0.1 billion. Liquidity outflows were $5.8 billion and this month’s AUM included a positive foreign exchange impact of $1.1 billion.