On Tuesday, Shares of Duke Energy Corp (NYSE:DUK), added 0.66% and closed at $79.65 in the last trading session. The last trading range of the stock ranges between $79.00 and $79.99. Ten projects across nine Greater Cincinnati urban hubs received a combined $239,500 in catalyst grants through Duke Energy’s Urban Revitalization Program. The program aims to support urban redevelopment projects and stimulate growth in our local communities.
This year’s grants were awarded earlier recently during a program at Westwood Town Hall that featured each grant recipient, in addition to Cincinnati Mayor John Cranley, Middletown (Ohio) Mayor Larry Mulligan Jr., and Covington (Kentucky) Mayor Sherry Carran.
Fastenal Company (NASDAQ:FAST), jumped 0.02% and closed at $40.62 in the last trading session. The last trading range of the stock ranges between $40.19 and $41.04. The company’s Market capitalization is $12.09 Billion with the total Outstanding Shares of 289.03 million. Fastenal Company, together with its auxiliaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies mainly under the Fastenal name. The companys fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, in addition to in the maintenance and repair of machines and structures. It also offers miscellaneous supplies and hardware, counting various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers, maintenance, repair, and operations; and non-residential construction market, which include general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, in addition to federal, state, and local governmental entities.
On the otherhand Two Harbors Investment Corp (NYSE:TWO), gained 0.24% and closed at $8.48 in the last trading session. The last trading range of the stock ranges between $8.42 and $8.51. During the 52-week trading session the minimum price at which share price traded, registered at $6.91 and reached to max level of $9.18. Two Harbors Investment Corp. (TWO), a real estate investment trust that invests in residential mortgage-backed securities (RMBS), residential mortgage loans, mortgage servicing rights (MSR), commercial real estate and other financial assets, recently declared its financial results for the quarter ended September 30, 2016.
Stated book value of $10.01 per common share, representing a 4.2%(1) total return on book value after accounting for a dividend of $0.23 per share.
Delivered Comprehensive Income of $136.5 million, a return on average equity of 15.7%, or $0.39 per weighted average common share.
Stated Core Earnings of $82.5 million, or $0.24 per weighted average common share.(2)
Added $10.6 billion in unpaid principal balance (UPB) of MSR and secured initial financing facility.
Raised assets in commercial real estate portfolio; aggregate carrying value of $1.1 billion at September 30, 2016.
Mortgage loan conduit wind down on track to be substantially complete by year-end 2016.