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Stock Market & Financial Investment News

News Breaks
December 21, 2012
12:59 EDTBRE, ESSBRE Properties added to Priority Stock List at Wells Fargo
Wells Fargo believes that BRE (BRE) has received a $72M equity investment from Essex Property Trust (ESS) that could result in a business combination in the future. The firm expects BRE (BRE) to benefit from tech sector job growth on the West Coast and it maintains an Outperform rating on BRE.
News For BRE;ESS From The Last 14 Days
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October 30, 2014
16:05 EDTESSEssex Property Trust increases FY14 core FFO guidance to $8.43-$8.52
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16:04 EDTESSEssex Property Trust reports Q3 FFO $2.08, consensus $1.91
The company increased same-property gross revenues and net operating income by 7.4% and 9.4%, respectively.

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