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Stocks In Action: Kite Realty Group Trust (NYSE:KRG); BP plc (ADR)(NYSE:BP); E TRADE Financial Corporation (NASDAQ:ETFC)

Posted in Business, Financial7 months ago • Written by CyrusNo Comments

Dallas, Texas, 09/22/2014 (ustrademedia) – Real estate investment trust Kite Realty Group Trust (NYSE:KRG) has disclosed on 19th September that its board of trustees have announced the payout of the quarterly dividend of 26 cents per share for the quarter that ended on 30th September. The payout is scheduled for all share holders on record as of 13th October. The payout will commence on 6th October the press note from Kite Realty Group Trust (NYSE:KRG) noted. The payouts come on the back of the REIT increasing its number of operating and managing portfolios to 133 in number over the past two-quarters; company management reported.

There was more bad news emerging from the ill fated Gulf of Mexico oil spill for British oil and gas major BP plc (ADR) (NYSE:BP). On 19th September, a federal grand jury went on to frame a new indictment pinning blame on a BP executive (who is no longer with the company) for sidetracking and confusing the “congressional investigation” team which had been formed by the first Obama administration to look into the entire 2010 oil spill episode and determine if BP plc (ADR) (NYSE:BP) was at fault in causing irreproachable damage to the U.S cost line. The government had at that time initiated a multibillion-dollar effort to limit the long term damage of the oil spill to the human and ocean population in the impacted region.

Close on the heels of Apple Inc. (NASDAQ:AAPL) launch of its iPhone 6 model smart phones and iOS 8 operating system, financial services firm E TRADE Financial Corporation (NASDAQ:ETFC) has announced on 19th September the launch of a new app, which comes equipped with “Touch ID fingerprint authentication.” This feature would allow E TRADE Financial Corporation (NASDAQ:ETFC) facilitated market traders to log in securely into their accounts using the new touch id feature.

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