Active News Movers: Twitter, Inc. (NYSE:TWTR), New Senior Investment Group Inc. (NYSE:SNR), GasLog Ltd. (NYSE:GLOG)

June 23, 2015 8:30 am0 commentsViews: 21

Twitter, Inc. (NYSE:TWTR) slightly dropped in previous session after it declared on Monday that the search is proceeding with a sense of importance except the Committee will take the time necessary to find the right CEO to lead the coming phase of the firm’s growth. The Committee will only consider candidates for recommendation to the full Board who are in a position to make a full-time commitment to the company. The Committee has preserved Spencer Stuart, a leading global executive search firm, to assist in a thorough search process that will include both internal and external candidates. On June 11, 2015, Twitter announced that current CEO Dick Costolo would step down effective July 1, 2015. The Board has established a Search Committee to identify candidates to become Twitter’s next CEO. Twitter, Inc. (NYSE:TWTR) stock hit highest price at $36.00, beginning with a price of $35.96 to close at 35.55 by a loss of -0.86% with a day range of $35.34-$36.00. The total market capitalization remained 23.03 Billion, total volume of 21.38 Million shares held in the session was surprisingly higher than its average volume of 22368.01 shares.

New Senior Investment Group Inc. (NYSE:SNR) released on Monday that it decided to purchased a 28-property portfolio of independent living senior housing properties from affiliates of Holiday Retirement for regarding $640M. The firm predicts to fund the purchase through around $190M of equity and regarding $450M through debt. The contract is anticipated to close by the third quarter. The portfolio contains 3,298 independent living units located across 21 states and had an average occupancy rate of 88% as of May 2015. “We are excited to add 28 independent living properties to our portfolio through this accretive acquisition. This transaction further increases our industry-leading private pay senior housing NOI exposure to 91% of our portfolio,” New Senior Chief Executive Officer Susan Givens said. Upon closing of the acquisition, the company’s portfolio will include 152 properties with approximately 18,900 beds across 37 states. New Senior Investment Group Inc. (NYSE:SNR) begun last trade with a price of $15.76 and throughout the trading session climbed at $15.84. The day-trade ended with a decrease of -3.24% to close at $15.25.

GasLog Ltd. (NYSE:GLOG)  and GasLog Ltd (GLOG) released on Monday that they have signed into an contract for the Partnership to buy from GasLog, the sole member of the alliances’s general partner, 100 percent of the shares in the entities that own and charter the Methane Alison Victoria, Methane Shirley Elisabeth and Methane Heather Sally, for an aggregate purchase price of $483 million. The three vessels subject to the aquisition are modern liquefied natural gas carriers built in 2007, each with a capacity of 145,000 cubic meters. The Partnership believes that the acquisition is immediately accretive and is consistent with the strategy to grow cash distributions for the unitholders through accretive dropdowns and third-party acquisitions. Shares of GasLog Ltd. (NYSE:GLOG)  opened at $20.28 with 80.50 million outstanding shares and hit to its highest price of $20.73 during the day and finally closed at $20.50 by scoring 1.79%. In the whole session, it traded on volume of 419011 shares, which turned higher than its average volume.

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