Shares of American Tower Corp (NYSE:AMT) ended Friday session in green amid volatile trading. The shares closed up +0.71 points or 0.63% at $112.99 with 2.46 million shares getting traded. Post opening the session at $112.15, the shares hit an intraday low of $111.50 and an intraday high of $113.40 and the price vacillated in this range throughout the day. The company has a market cap of $47.77 billion and the numbers of outstanding shares have been calculated to be 425.49 million shares.
American Tower Corp (AMT) on September 17, 2016 announced that its board of directors has declared its quarterly cash distribution of $0.55 per share on shares of the Company’s common stock. The distribution is payable on October 17, 2016 to such stockholders of record at the close of business on September 30, 2016.
Shares of Hartford Financial Services Group Inc (NYSE:HIG) ended Friday session in red amid volatile trading. The shares closed down -0.36 points or -0.83% at $42.77 with 2.43 million shares getting traded. Post opening the session at $42.74, the shares hit an intraday low of $42.74 and an intraday high of $43.09 and the price vacillated in this range throughout the day. The company has a market cap of $16.75 billion and the numbers of outstanding shares have been calculated to be 387.92 million shares.
Hartford Financial Services Group Inc (HIG) on July 29, 2016 reported net income of $216 million in second quarter 2016 ended June 30, a decrease of $197 million from second quarter 2015, principally due to lower P&C underwriting results and lower net investment income. P&C underwriting losses deteriorated $159 million, after-tax, compared with second quarter 2015 largely due to higher unfavorable PYD for the Personal Lines automobile and run-off asbestos and environmental (A&E) lines, higher catastrophe losses and lower current accident year Personal Lines automobile results. Net investment income declined $40 million, after-tax, compared with second quarter 2015 primarily due to a $35 million, after-tax, decline in investment income from limited partnerships and other alternative investments (LPs). These items, in addition to a $48 million tax benefit in second quarter last year, were the principal drivers of the decrease in core earnings from $389 million in second quarter 2015 to $122 million in second quarter 2016.