Wall Street PR

Market Takeaway: Enbridge Energy Management, L.L.C. (NYSE:EEQ), Strayer Education Inc (NASDAQ:STRA), Empire State Realty Trust Inc (NYSE:ESRT)

Boston, MA 05/20/2014 (wallstreetpr) – Houston-based energy company Enbridge Energy Management, L.L.C. (NYSE:EEQ) said its VP Finance of the Partnership, Stephen J. Neyland, will present at the upcoming investor conference in Jacksonville, Florida. The company said Mr. Neyland will address investors participating at the 2014 Master Limited Partnership Investor Conference on May 22. The company seeks to present its performance highlight, prospects, challenges and opportunities before mostly energy investors as it seeks to boost investor confidence in its business. Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) have gone up 4.11 percent over the past 30 days and 4.32 since the year began.

All is not lost for investors salivating for a stake in post-secondary education provider Strayer Education Inc (NASDAQ:STRA). Analysts believe that despite the fact that the stock has registered intriguing momentum in recent times, it still has enough room to maintain an uptrend at least in the short-term. Shares of Strayer Education Inc (NASDAQ:STRA) are up about 33 percent in the past one month and more than 70 percent since the beginning of the year. Analysts at Zack have a “buy” rating on the stock. The company recently revealed a slump in its enrollment in the past quarter but the management remains upbeat about the future as more students seek professional skills.

The $1.6 billion real estate investment trust Empire State Realty Trust Inc (NYSE:ESRT) has announced the purchase of two Manhattan properties for $734 million. The company said the deals involve cash, stock and partnership units. The purchases include the ground and operating leases of the two properties. The company recently reported an encouraging 1Q2014 where profit improved amid higher demand and prices for real estate properties. The company executed 50 leases in the quarter of which a total of 191,000 square feet of space was leased. Empire State Realty Trust Inc (NYSE:ESRT) concluded the quarter with $11.2 million in profit. It intends to make more acquisitions especially in strategic markets to improve its property portfolio as it looks forward to a robust real estate market where profits will be commonplace.

Published by Lisa Ray

Lisa has a Bachelor of Arts in journalism from Purdue University and 3 years of experience in the publishing field.