Apple REIT Ten
The REIT terminated a $41.7 million purchase contract for two hotels in Grapevine, Texas.
It also closed on the purchase of three hotels for a total of $54.47 million. The properties included a Marriott in Fairfax, Va., and a Hampton Inn and Home2 Suites, both in Huntsville, Ala.
Dominion Resources (D)
Dominion shareholders filed four requests for shareholders to vote on at the company’s upcoming annual meeting. The proposals are published in its latest proxy statement.
The first proposal asked for a report from the company on the impact and timing of a future policy to end its use of coal mined through the controversial mountaintop removal mining.
The second request asked that the company include environmental sustainability as one of the performance measures it considers when setting executive compensation plans.
A third proposal asked the company to adopt and implement a policy to better manage the dangers that might arise from an accident or sabotage on its stored, spent fuel from nuclear power plants.
The final shareholder proposal asks Dominion to issue a report on the financial risks posed to the company by climate change including the impact of more frequent and more intense storms.
Dominion’s board recommends that shareholders vote against all four proposals.
Dynex Capital (DX)
Daniel Osborne, a director, sold shares 50,000 shares for a total of $541,000.
Director Stewart Kasen received 12 shares valued at $492.94 as part of a director bonus plan.
The company released the details of the compensation packages paid to its top executives in 2012.
Among them, President and CEO Thomas Gottwald received $2.55 million in total compensation last year. That included an $866,000 base salary, a $725,000 bonus and other perks.
Owens & Minor (OMI)
O&M released its 2012 executive compensation packages. Among its top six executives, President and CEO Craig Smith received $3.03 million in total pay last year. That included a base salary of $878,000, $1.08 million in stock awards and other perks.