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Stock Market & Financial Investment News

News Breaks
July 30, 2014
05:48 EDTCHA, CORCoreSite signs agreement with China Telecom
CoreSite Realty (COR) announced a multi-year contract with China Telecom (CHA) to expand the U.S. data center footprint of one of China Telecom’s premier customers – the first such agreement between CoreSite and China Telecom on behalf of this third party. With this expansion, China Telecom provides a larger network to its customer for delivering online and mobile marketplace solutions across the U.S. The deployment is located at CoreSite’s Coronado data center campus in Santa Clara, CA.
News For COR;CHA From The Last 14 Days
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April 28, 2015
09:16 EDTCORCoreSite Realty 4.5M share Spot Secondary priced at $49.00
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April 27, 2015
16:41 EDTCORCoreSite Realty announces sale of 4.5M shares of stock by Carlyle affiliates
CoreSite Realty Corporation announced the sale of 4,500,000 shares of its common stock by investment funds affiliated with The Carlyle Group to Jefferies LLC and Citigroup, as the underwriters in connection with the offering. In addition, the underwriters will have a 30-day option to purchase up to 675,000 additional shares from the selling stockholders.
April 23, 2015
08:06 EDTCORCoreSite Realty maintains FY15 FFO view $2.55-$2.65, consensus $2.60
In addition, CoreSite is maintaining its 2015 guidance for net income attributable to common shares in the range of $0.75 to $0.85 per diluted share, with the difference between FFO and net income being real estate depreciation and amortization. CoreSite is increasing its guidance for 2015 total capital expenditures by $30 million to a range of $115 million to $145 million to primarily reflect the development of the powered shell build-to-suit data center on its Santa Clara campus.
08:05 EDTCORCoreSite Realty reports Q1 FFO 64c, consensus 61c
Reports Q1 revenue $74.8M, consensus $75.03M.
April 16, 2015
10:00 EDTCOROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Underweight from Neutral at JPMorgan... Alcatel-Lucent (ALU) downgraded to Buy from Conviction Buy at Goldman... Anglo American (AAUKY) downgraded to Sell from Neutral at Goldman... BAE Systems (BAESY) downgraded to Neutral from Buy at UBS... BHP Billiton (BHP) downgraded to Neutral from Conviction Buy at Goldman... Black Diamond (BDE) downgraded on valuation at Stifel... Boston Private Financial (BPFH) downgraded to Hold from Buy at Sandler O'Neill... Columbus McKinnon (CMCO) downgraded to Neutral from Buy at CL King... CoreSite Realty (COR) downgraded to Hold from Buy at Evercore ISI... Meggitt (MEGGF) downgraded to Sell from Neutral at UBS... Methanex (MEOH) downgraded to Sector Perform from Outperform at Scotia Capital... Nokia (NOK) downgraded to Neutral from Buy at Citigroup... SanDisk (SNDK) downgraded to Sell from Neutral at BTIG... Thomson Reuters (TRI) downgraded to Sector Perform from Outperform at RBC Capital... Turquoise Hill (TRQ) downgraded to Hold from Speculative Buy at TD Securities... Washington Federal (WAFD) downgraded to Neutral from Buy at DA Davidson.
07:07 EDTCORCoreSite Realty downgraded to Sector Weight from Overweight at KeyBanc
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06:32 EDTCORCoreSite Realty downgraded to Hold from Buy at Evercore ISI
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April 15, 2015
10:00 EDTCHAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Tower (AMT) upgraded to Outperform from Neutral at Macquarie... Ameriprise (AMP) upgraded at Morgan Stanley... Builders FirstSource (BLDR) upgraded to Buy from Neutral at Sterne Agee... China Telecom (CHA) upgraded to Outperform from Market Perform at Bernstein... China Unicom (CHU) upgraded to Outperform from Underperform at Bernstein... Discover (DFS) upgraded to Overweight from Neutral at JPMorgan... EV Energy (EVEP) upgraded on asset sale at RBC Capital... GoPro (GPRO) upgraded to Overweight from Neutral at Piper Jaffray... Intel (INTC) upgraded on valuation at RBC Capital... Nike (NKE) upgraded to Overweight from Neutral at Piper Jaffray... Nokia (NOK) upgraded to Market Perform from Underperform at Bernstein... Rice Energy (RICE) upgraded to Buy from Neutral at Goldman... Staples (SPLS) upgraded to Buy from Hold at BB&T... Team (TISI) upgraded to Buy from Hold at BB&T... Ulta Salon (ULTA) upgraded to Overweight from Neutral at Piper Jaffray.
07:29 EDTCHAChina Telecom upgraded to Outperform from Market Perform at Bernstein
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07:23 EDTCHAChina Unicom upgraded to Outperform from Underperform at Bernstein
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07:13 EDTCHAChina Telecom upgraded to Outperform from Market Perform at Bernstein
Bernstein upgraded China Telecom to Outperform saying the opening of the Hong Kong/Shanghai connect and upside from the JV Tower Co will provide significant support for the sector.

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