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Stock Market & Financial Investment News

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August 13, 2014
08:52 EDTCVEOCiveo Corp. probability of REIT conversion high, says Susquehanna
Susquehanna believes the probability of Civeo Corp. converting to REIT status is high and expects the company's analysis to be completed by the end of Q3. The firm also noted Civeo's better than expected Q2 results including a lower tax rate and higher adjusted EBITDA, both of which will contribute to upside forecasts of AFFO, a key metric for REITs. Susquehanna has a Positive rating with a $31 price target on shares of Civeo Corp.
News For CVEO From The Last 14 Days
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December 9, 2014
17:19 EDTCVEOKLX Inc to replace Civeo Corp. in S&P 400 as of 12/16 close
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