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Stock Market & Financial Investment News

News Breaks
May 3, 2012
04:25 EDTCCICrown Castle CEO sells 100,000 shares near all-time high, Barron's reports
On April 30, Crown Castle International's (CCI) President and CEO W. Benjamin Moreland sold 100,000 shares for $5.655M, or an average of $56.55 each. This is his first straightforward sale of the wireless-tower company's stock since November 2005 when he sold 25,000 shares. Moreland directly owns a stake of less than 1%. Reference Link
News For CCI From The Last 14 Days
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June 7, 2013
08:45 EDTCCIIRS's Working Group an overhang for Towers and Data Centers, says Barclays
Barclays believes the IRS's formation of a Working Group to study legal standards of REITs will be an overhang for Towers and Data Center stocks. The said Crown Castle (CCI) and SBA Communications (SBAC) have expressed interest in pursuing a REIT status and this poses a risk.

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