Parkway Properties Inc. (PKY)
Shares of PKY surged more than 5% in after-hours trading Wednesday following a report by Bloomberg indicating that the company is in the early stages of exploring strategic alternatives, including a sale.
PKY reportednet income of $7.28 million, or $0.07 per diluted share for the first quarter 2015 and for the full year the company expects adjusted earnings per diluted share to be in a range of $0.25 to $0.31, according to its business outlook
Parkway Properties Inc. (PKY) is a fully integrated, self-administered and self-managed real estate investment trust specializing in the acquisition, ownership, development and management of quality office properties in higher growth submarkets in the Sunbelt region of the United States.
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