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Stock Market & Financial Investment News

News Breaks
January 23, 2013
16:06 EDTCCICrown Castle sees 2013 EPS 20c-54c, may not compare to consensus 89c
Sees 2013 revenue $2.44B-$2.46B, consensus $2.76B.
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September 9, 2014
07:29 EDTCCIUBM Canon to hold a summit
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September 4, 2014
11:47 EDTCCICrown Castle management to meet with Jefferies
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September 2, 2014
16:07 EDTCCICrown Castle rises 1% after receiving favorable REIT ruling from IRS
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16:07 EDTCCICrown Castle receives favorable private letter ruling from IRS
Crown Castle International announced that it has received from the Internal Revenue Service a favorable private letter ruling with respect to the real property portion of Crown Castle's small cell networks. The PLR provides that the real property portion of Crown Castle's indoor and outdoor small cell networks and the related rents qualify as real property and rents from real property, respectively, under the rules governing real estate investment trusts, or REIT. As previously announced, Crown Castle commenced operations as a REIT effective January 1. Subject to the approval of its Board of Directors, Crown Castle expects to take appropriate action to include the qualifying portion of its small cell systems as part of the REIT effective January 1, 2015. Certain non-qualified assets related to Crown Castle's small cell systems will continue to be held in taxable REIT subsidiaries.
16:06 EDTCCICrown Castle receives favorable private letter ruling from IRS
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