GRIF News Alert Griffin Land & Nurseries (GRIF) 31.40 02/14/2015

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Griffin Land & Nurseries (GRIF) 31.40 $GRIF

Griffin Land & Nurseries reports Q4 results
Seeking Alpha - at Seeking Alpha - Fri Feb 13, 9:41AM CST

GRIF: 31.40 (+1.32)

Griffin Announces 2014 Fourth Quarter Results
GlobeNewswire - Fri Feb 13, 9:32AM CST
Griffin Land & Nurseries, Inc. (Nasdaq:GRIF) ("Griffin" reported 2014 fourth quarter total revenue from continuing operations of $7,720,000, income from continuing operations of $273,000 and basic and diluted income from continuing operations per share of $0.05 as compared to total revenue from continuing operations of $8,009,000, income from continuing operations of $1,110,000 and basic and diluted income from continuing operations per share of $0.22 for the 2013 fourth quarter. Griffin's results from continuing operations reflect its real estate business, Griffin Land, LLC ("Griffin Land" .
GRIF: 31.40 (+1.32)

Archer Daniels Midland Company Dividend Stock Analysis
Dividends4Life - Seeking Alpha - Wed Feb 11, 4:49PM CST
Linked here is a detailed quantitative analysis of Archer Daniels Midland Company (NYSE: ADM ). Below are some highlights from the above linked analysis: Company Description: Archer Daniels Midland Co. is one of the world's leading agribusiness...
BG: 82.22 (+1.78), ADM: 48.10 (+0.66), INGR: 82.82 (+0.59), GRIF: 31.40 (+1.32)

Nasdaq stocks posting largest volume decreases
AP - Tue Feb 03, 5:44PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
INTG: 19.80 (+0.51), SIBC: 21.10 (+0.22), PPSI: 9.09 (-0.26), UBOH: 14.49 (-0.11), GRIF: 31.40 (+1.32), USBI: 8.28 (-0.10), HTWO: 10.20 (-0.30), MCBK: 20.10 (+0.10), EVAR: 5.47 (-0.07), HWBK: 14.24 (-0.20), SCYX: 9.48 (+0.07), SBFG: 9.70 (-0.05), GCBC: 29.50 (unch), TLF: 8.90 (+0.06), IMMY: 7.24 (-0.40)

Nasdaq stocks posting largest percentage decreases
AP - Tue Jan 27, 12:36PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:
EGLE: 9.98 (-0.02), EOPN: 8.55 (-0.01), GRIF: 31.40 (+1.32), JJSF: 100.08 (-0.44), FCFS: 48.92 (+0.25), BRID: 7.55 (-0.04), WDC: 107.61 (+0.42), NVC.TO: 11.27 (-0.23), MAT: 27.61 (+0.17), STAA: 6.76 (-0.02), PKT: 8.99 (+0.11), MSFT: 43.87 (+0.78), NVCN: 9.08 (-0.17), SANM: 22.50 (+0.07)

Griffin Announces Closing on Mortgage Loan
GlobeNewswire - Mon Jan 05, 10:22AM CST
Griffin Land & Nurseries, Inc. (Nasdaq:GRIF) ("Griffin" announced that a subsidiary of its real estate business, Griffin Land, LLC, closed on a $21.6 million nonrecourse mortgage loan (the "Mortgage Loan" with First Niagara Bank ("First Niagara" . The Mortgage Loan is collateralized by two industrial buildings aggregating approximately 531,000 square feet in the Lehigh Valley of Pennsylvania. These two facilities, developed by Griffin Land on a parcel of undeveloped land acquired in 2010, are the Lehigh Valley Tradeport. One of the Lehigh Valley Tradeport buildings had a nonrecourse mortgage loan with First Niagara with a balance of approximately $8.9 million that was refinanced into the Mortgage Loan. The Mortgage Loan has a variable interest rate, but Griffin Land has entered into an interest rate swap agreement with First Niagara, that combined with an existing interest rate swap agreement, will fix the rate of the Mortgage Loan at 4.43% over the Mortgage Loan's ten-year term. Payments on the Mortgage Loan are based on a twenty-five year amortization period.
GRIF: 31.40 (+1.32)

Griffin Land Announces Lease Signing
GlobeNewswire - Thu Dec 18, 11:57AM CST
Griffin Land & Nurseries, Inc. (Nasdaq:GRIF) ("Griffin" announced today that its real estate business, Griffin Land, LLC, signed a five-year lease for approximately 196,000 square feet of its approximately 280,000 square foot warehouse facility currently under construction in the Lehigh Valley of Pennsylvania. This new warehouse facility is being developed on an approximately 50 acre parcel of undeveloped land that was acquired in 2012. Griffin Land expects construction of this building will be completed and commencement of this new lease will take place in mid 2015. The tenant has an option, exercisable during the first six months of the lease term, to lease the entire building. Griffin Land also has approvals for the development of an additional building of approximately 250,000 square feet on this land parcel. This development will be known as Lehigh Valley Tradeport II.
GRIF: 31.40 (+1.32)

Griffin Land & Nurseries declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Wed Nov 19, 3:56PM CST

GRIF: 31.40 (+1.32)

Griffin Announces Annual Dividend
GlobeNewswire - Wed Nov 19, 3:11PM CST
Griffin Land & Nurseries, Inc. (Nasdaq:GRIF) ("Griffin" announced today that its Board of Directors has declared an annual dividend of $0.20 per share on the Company's common stock. The dividend is payable on December 9, 2014 to stockholders of record at the close of business on December 2, 2014. The Board's decision to declare an annual dividend this year was based on Griffin's projected cash flow and operating results for the fiscal year ending November 30, 2014 together with its expected cash position over the next fiscal year. Prospectively, Griffin expects to continue to consider the payment of an annual dividend late in the year based on that year's results and cash flows and its estimated future cash requirements.
GRIF: 31.40 (+1.32)

Griffin Announces Results of Its Study on Corporate Structure
GlobeNewswire - Thu Oct 23, 10:37AM CDT
Griffin Land & Nurseries, Inc. (Nasdaq:GRIF) ("Griffin" announced today results of its study of alternatives for its corporate structure, including an evaluation of the feasibility and financial advisability of converting to a real estate investment trust (a "REIT" at this time. The study included discussions with investment bankers, accountants, lawyers and advisors that might participate in a conversion to REIT status and a related potential public offering.
GRIF: 31.40 (+1.32)

Griffin Announces 2014 Third Quarter Results
GlobeNewswire - Fri Oct 10, 9:26AM CDT
Griffin Land & Nurseries, Inc. (Nasdaq:GRIF) ("Griffin" reported 2014 third quarter total revenue from continuing operations of $6,099,000, a loss from continuing operations of ($198,000) and a basic and diluted loss from continuing operations per share of ($0.04) as compared to total revenue from continuing operations of $5,504,000, a loss from continuing operations of ($490,000) and a basic and diluted loss from continuing operations per share of ($0.10) for the 2013 third quarter. Griffin's results from continuing operations reflect its real estate business, Griffin Land, LLC ("Griffin Land" .
GRIF: 31.40 (+1.32)

Griffin Land Leases Tradeport Building
GlobeNewswire - Fri Aug 15, 9:06AM CDT
Griffin Land & Nurseries, Inc. (Nasdaq:GRIF) ("Griffin" announced that its real estate business, Griffin Land, LLC, signed a long-term, full building lease for its 137,000 square foot industrial building located within New England Tradeport ("Tradeport" , a 600 acre master planned business park in Windsor and East Granby, Connecticut that was planned and developed by Griffin Land. The lease is with one of Griffin Land's current tenants and will result in the relocation of the tenant from another Griffin Land building within Tradeport. The new lease is for an additional approximately 80,000 square feet and occupancy is expected to take place in the Fall 2014.
GRIF: 31.40 (+1.32)




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