Active Stocks Trader’s Round Up: Winthrop Realty Trust (NYSE:FUR), B&G Foods, Inc. (NYSE:BGS)

Shares of Winthrop Realty Trust (NYSE:FUR), slanted 0.14% to $14.23, amid its last exchanging session.


Winthrop Realty Trust, a land speculation trust (REIT), takes part in the possession and organization of genuine property and land related resources. As of September 30, 2005, the trust possessed 16 triple net rented properties; 2 office structures situated in Amherst, New York; a multitenant office building situated in Indianapolis, Indiana; a 9 story office building situated in Houston, Texas; and a 80% enthusiasm for 128,000 square feet of retail and office space constituting the last 6 stories of a mixeduse building and 208 parking spots situated in Chicago, Illinois. Winthrop Realty additionally takes part in responsibility for receivable and favored value speculations, and proprietorship and exchanging of land securities.

Winthrop Realty Trust, announced that its office property situated in Cerritos, California was sold at a gross deals cost of $30,500,000 which is compriseent with the Company’s liquidation esteem at June 30, 2015. In the wake of fulfilling the obligation burdening the property and shutting expenses, net continues to Winthrop spoke the truth $6,700,000.

Winthrop additionally announced that the potential buyer of its Jacksonville, Florida property neglected to post a non-refundable store and the agreement was ended. In like manner, the property is without further ado being advertised available to be purchased.

Toward the end of Wednesday’s exchange, Shares of B&G Foods, Inc. (NYSE:BGS), increased 0.66% to $36.86.

B&G Foods, Inc. fabricates, offers, and disseminates rack stable nourishment and family items in the United States, Canada, and Puerto Rico. Its arrangement of items involve hot grains, organic product spreads, canned meats and beans, bagel chips, flavors, seasonings, hot sauces, wine vinegar, maple syrup, molasses, plate of mixed greens dressings, Mexican-style sauces, dry soups, taco shells and packs, salsas, pickles, peppers, tomato-based items, puffed corn and rice snacks, nut bunches, Greek yogurt covered granola bars and nibbles, and other claim to fame items.

B&G Foods, proclaimed that it has come to a consent to procure the famous Green Giant and Le Sueur brands, pioneers in solidified and canned vegetables, from General Mills, Inc. for about $765 million in real money, subject to a stock alteration at shutting. B&G Foods foresees the procurement to close amid the final quarter of 2015, subject to standard shutting conditions, checking the receipt of administrative regards.

“We are excited to welcome Green Giant and Le Sueur to the B&G Foods group of brands. For more than 100 years, Green Giant and Le Sueur have been furnishing buyers with extraordinary tasting, nutritious vegetables picked at the crest of perfection®. We anticipate offering so as to expand on that rich history new and imaginative items that will react to the needs of as of late’s wellbeing cognizant customer,” expressed Robert C. Cantwell, President and Chief Executive Officer of B&G Foods.

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About the Author

Tanya Jones
Tanya is a senior reporter for JBH News Sports & Tech section. She graduated from York College, City University of New York in 2012.