Shares of CME Group Inc (NASDAQ:CME) ended Friday session in red amid volatile trading. The shares closed down -0.19 points or -0.17% at $108.51 with 1,164,625 shares getting traded. Post opening the session at $109.07, the shares hit an intraday low of $108.06 and an intraday high of $109.52 and the price vacillated in this range throughout the day. The company has a market cap of $36.70 billion and the numbers of outstanding shares have been calculated to be 338.85 million shares.
CME Group Inc (CME) on Sept. 2, 2016 announced that August 2016 average daily volume (ADV) reached 13.8 million contracts per day, down 15 percent from August 2015. CME Group year-to-date 2016 ADV through August averaged 15.5 million contracts per day, up 9 percent. Total open interest was 105 million contracts at the end of August, up 15 percent from year-end 2015.
Metals volume averaged 414,000 contracts per day in August 2016, up 9 percent from August 2015. Highlights include:
- Grew Gold futures ADV 17 percent to 194,000 contracts and Silver futures ADV 17 percent to 85,000 contracts
- Achieved 14 percent growth in ADV across Ferrous products
Energy volume averaged 2.2 million contracts per day in August 2016, up 6 percent from August 2015. Highlights include:
- Achieved 24 percent growth in ADV across Natural Gas products, driven primarily by electronic Natural Gas futures and options ADV of 423,000 contracts, up 36 percent
- Grew WTI Crude Oil futures ADV 10 percent
- Achieved record electronic trading levels of WTI options and Natural Gas options, hitting 73 percent electronic and 43 percent electronic respectively
- Reached record open interest levels across Natural Gas Liquids product suite, surpassing 360,000 contracts
Shares of Simon Property Group Inc (NYSE:SPG) ended Friday session in green amid volatile trading. The shares closed up +0.67 points or 0.31% at $216.69 with 934,120 shares getting traded. Post opening the session at $216.92, the shares hit an intraday low of $215.61 and an intraday high of $219.41 and the price vacillated in this range throughout the day. The company has a market cap of $68.30 billion and the numbers of outstanding shares have been calculated to be 314.22 million shares.
On Aug. 22, 2016 Simon, a global leader in retail real estate, in partnership with Noble Investment Group (“Noble”), announced the opening of the acclaimed AC Hotels by Marriott® brand at Phipps Plaza — the Southeast’s top luxury shopping destination located in the heart of Atlanta’s fashionable Buckhead district. Positioned at the intersection of Peachtree Road and Wieuca Road and adjacent to Nordstrom at Phipps Plaza, the AC Hotel by Marriott Buckhead is the brand’s first hotel in Atlanta and only its eighth in the United States.
Founded in 1998, AC Hotels is one of the most sought-after hotel brands throughout Europe, and has become synonymous with modern, first class European-inspired accommodations, generous amenities, and value for the discerning traveler. Along with 166 guest rooms and suites, 24-hour health and fitness including indoor swimming, local companies will be able to take advantage of the 2,500-square-feet of executive meeting space as well as the AC Library. Guests will enjoy a breakfast selection of self-serve European fare in the AC Kitchen, while the AC Lounge will boast tapas-inspired small bites, craft beers, cocktails, specialty wines, and also features an outdoor patio.
Recently unveiled in March of this year, Phipps Plaza’s Peachtree Road entrance has been transformed to be an elegant façade of storefronts representing some of the coveted brands that call Phipps Plaza home, including Jeffrey, Versace, Tiffany & Co., Giorgio Armani, BOSS Hugo Boss and Bottega Veneta. The new entrance features intricately designed perforated metal panels and a backlit glass curtain wall that creates a vibrant gateway to the property both day and night.
Rounding out Phipps Plaza’s enhancement project, the “Domain at Phipps Plaza,” a residential development with 319 mid-rise, urban-style luxury residences, is opening in phases starting this fall. Please go to domainatphippsplaza.com for more information.
“The addition of the AC Hotel and Domain residences combined with the new aesthetic of the center will enhance the way our guests experience Phipps Plaza,” said David Contis, President, Simon Malls. “We anticipate residents and businesses in Atlanta will enjoy the hotel as a meeting and business destination, as well as a lounge hot spot, and visitors to the area will have a new place to call home as they enjoy upscale hospitality and shopping at Atlanta’s most beloved luxury retail destination.”