SITE

SITE Centers Announces Tax Allocations of 2022 Dividend Distributions

Retrieved on: 
Tuesday, January 17, 2023
Commercial Building & Real Estate, Construction & Property, REIT, SITE, Form, January 6 commission, NYSE, SITE Centers, Real estate

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2022 distributions on its common shares and one series of preferred shares.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced the tax allocations of 2022 distributions on its common shares and one series of preferred shares.
  • For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2022 distributions.
  • The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2022 federal income tax returns.
  • Please note that the January 5, 2022 common share distribution is included in the tax allocations for 2022 and the January 6, 2023 common share distribution will be included in the tax allocations for 2023.

SITE Centers Provides Fourth Quarter 2022 and YTD 2023 Transaction Update

Retrieved on: 
Monday, January 9, 2023
Construction & Property, Other Retail, Convenience Store, REIT, Fashion, Discount, Variety, Retail, Department Stores, Convenience, NYSE, SITE, Bank

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that the Company sold 4 shopping centers and 1 parcel at a wholly-owned shopping center for an aggregate price of $166.3 million ($157.8 million at share) in the fourth quarter of 2022.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that the Company sold 4 shopping centers and 1 parcel at a wholly-owned shopping center for an aggregate price of $166.3 million ($157.8 million at share) in the fourth quarter of 2022.
  • Net proceeds were used to repurchase $28.8 million of common stock at an average price of $13.33 per share, acquire 1 Convenience property for $5.8 million and repay the outstanding balance on the Company’s revolving credit facility.
  • Subsequent to year end, the Company purchased 2 additional Convenience properties for an aggregate price of $26.1 million.
  • “We continue to see an attractive subset of investment opportunities and expect to reinvest the remainder of the proceeds over the course of the year subject to pricing and returns.”

Network Function Virtualization Global Market Report 2022: Increasing Demand for Cloud-Based Solutions Drives Sector - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 22, 2022
Mobile, Wireless, Technology, Networks, Cloud, Benchmark, Agriculture, Software, SITE, Coronavirus, Automation, Touchstone, Growth, NFV, Create, Internet, Sales, Network equipment, Marketing

The "Network Function Virtualization Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Network Function Virtualization Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.
  • The regions covered in the network function virtualization market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • Increasing demand for cloud-based services is significantly contributing to the growth of the network function virtualization market going forward.
  • Therefore, the increase in demand for cloud-based services is driving the growth of the network function virtualization market.

SITE Centers Announces New $100 Million Common Stock Repurchase Plan

Retrieved on: 
Tuesday, December 20, 2022
Finance, Other Retail, Retail, Professional Services, Department Stores, NYSE, SITE, Car rental

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that the Company’s Board of Directors authorized a new $100 million common stock repurchase program.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today announced that the Company’s Board of Directors authorized a new $100 million common stock repurchase program.
  • Availability under the Company’s prior repurchase program was exhausted in December following fourth quarter repurchases of approximately $22.2 million funded with proceeds from wholly-owned property dispositions.
  • The Company may utilize various methods to affect the repurchases, which could include open market repurchases, negotiated block transactions, accelerated share repurchases or open market solicitations for shares, some of which may be effected through Rule 10b5-1 plans.
  • The timing of repurchases will depend upon several factors, including market and business conditions, and the repurchases may be discontinued at any time.

Network Function Virtualization Global Market to Reach $42.59 Billion by 2026 at a CAGR of 22.4%

Retrieved on: 
Thursday, December 29, 2022
Cloud, Benchmark, Growth, Internet, SITE, Coronavirus, Agriculture, Automation, Software, Create, NFV, Touchstone, Sales, Network equipment, Marketing

DUBLIN, Dec. 29, 2022 /PRNewswire/ -- The "Network Function Virtualization Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 29, 2022 /PRNewswire/ -- The "Network Function Virtualization Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.
  • The regions covered in the network function virtualization market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • Increasing demand for cloud-based services is significantly contributing to the growth of the network function virtualization market going forward.
  • Therefore, the increase in demand for cloud-based services is driving the growth of the network function virtualization market.

Illuminate Announces Executive Promotions

Retrieved on: 
Tuesday, December 6, 2022
COI, Community of interest (computer security), Federal law, Joint Artificial Intelligence Center, Defense, Software, Government, Community, JAIC, Federal Law Enforcement Training Centers, Collection, Data collection, Illuminate, Telecommunication, DIA, Talent management, Growth, SITE, ABMS, RFP, Request for proposal, Management, Intelligence

HERNDON, Va., Dec. 6, 2022 /PRNewswire/ -- Illuminate, a data solutions company that provides tools and services which collect and analyze information for key decision-makers, announced today four promotions. These changes ensure Illuminate is positioned to effectively respond to increased client demand for Illuminate solutions across a broad range of use cases in government agencies, commercial enterprises, and network operators.

Key Points: 
  • HERNDON, Va., Dec. 6, 2022 /PRNewswire/ -- Illuminate , a data solutions company that provides tools and services which collect and analyze information for key decision-makers, announced today four promotions.
  • These changes ensure Illuminate is positioned to effectively respond to increased client demand for Illuminate solutions across a broad range of use cases in government agencies, commercial enterprises, and network operators.
  • "This promotion reflects his central role in the growth of Illuminate and we look forward to his continuing leadership."
  • Illuminate provides data collection and analysis services and software to clients in the Defense, Intelligence, and Federal Law Enforcement sectors.

Site Centers Declares Fourth Quarter 2022 Class A Preferred Share Dividend

Retrieved on: 
Thursday, December 1, 2022
Retail, Other Retail, Department Stores, Commercial Building & Real Estate, Construction & Property, REIT, NYSE, REIT, SITC, SITE Centers, SITE, Real estate

SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2022 Preferred Class A stock dividend of $0.39844 per depositary share.

Key Points: 
  • SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today declared its fourth quarter 2022 Preferred Class A stock dividend of $0.39844 per depositary share.
  • Each Class A depositary share is equal to one-twentieth of a share of SITE Centers 6.375% Class A Cumulative Redeemable Preferred Stock.
  • The declared Preferred Class A dividend covers the period beginning October 15, 2022 and ending January 14, 2023.
  • The declared Preferred Class A Dividend is payable in cash on January 17, 2023 to shareholders of record at the close of business on December 30, 2022.

Scotia Global Asset Management Launches Emerging Markets ETF on the NEO Exchange

Retrieved on: 
Wednesday, November 16, 2022
Professional Services, Finance, State Street Global Advisors, NEO Exchange, Toronto Stock Exchange, Solactive, Partnership, GBS, TSX, NYSE, ETF, Cboe Global Markets, Scotiabank, SITE, New York Stock Exchange, BNS, NEO, Financial adviser, Security (finance)

NEO is proud to announce that Scotia Global Asset Management (Scotia GAM) is back for another launch on the NEO Exchange.

Key Points: 
  • NEO is proud to announce that Scotia Global Asset Management (Scotia GAM) is back for another launch on the NEO Exchange.
  • The Scotia Emerging Markets Equity Index Tracker ETF is now available for trading on NEO, under the symbol SITE .
  • The Scotia Emerging Markets Equity Index Tracker ETF joins 8 other Scotia ETFs, already listed on the NEO Exchange.
  • Scotia Global Asset Management includes 1832 Asset Management L.P., a limited partnership, the general partner of which is wholly owned by Scotiabank.

Scotia Global Asset Management expands suite of Scotia Index Tracker ETFs

Retrieved on: 
Wednesday, November 16, 2022
ETF, NYSE, TSX, Toronto Stock Exchange, Scotiabank, SITE, Partnership, Prospectus, New York Stock Exchange, Solution, BNS, Financial adviser

Scotia Index Tracker ETFs offer low-cost investment solutions to closely track the performance of specified indexes.

Key Points: 
  • Scotia Index Tracker ETFs offer low-cost investment solutions to closely track the performance of specified indexes.
  • Commissions, management fees and expenses all may be associated with mutual fund investments, including exchange-traded funds (ETFs).
  • Scotia Global Asset Management includes 1832 Asset Management L.P., a limited partnership, the general partner of which is wholly owned by Scotiabank.
  • Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, ETFs, and investment solutions for private clients, institutions and managed asset programs.

Conning to Acquire Pearlmark, a Specialized Commercial Real Estate Investment Firm

Retrieved on: 
Thursday, November 10, 2022
Insurance, Professional Services, Conning (company), L.L.C, Investment, CHL, Trust, LLP, Board, Multimedia, Morgan, Lewis & Bockius, Solution, Cathay, Company, Industry, Insurance, SITE, LLC, Financial services

Conning, a leading global investment management firm, and Pearlmark Real Estate, L.L.C.

Key Points: 
  • Conning, a leading global investment management firm, and Pearlmark Real Estate, L.L.C.
  • (Pearlmark), a specialist investment manager of commercial real estate debt and equity strategies, today announced the signing of a definitive agreement for Conning & Company to acquire a majority stake in Pearlmark.
  • Pearlmark has extensive real estate knowledge and significant experience successfully working with insurance companies and other institutional clients to help them achieve their real estate investment objectives.
  • Pearlmark is a Chicago-based investment firm that targets domestic core, value-add, and opportunistic real estate opportunities via commingled funds, separate accounts, and joint venture structures.