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Stock Market & Financial Investment News

News Breaks
March 13, 2014
07:21 EDTSIR, CWHCommonWealth REIT to ask SEC to probe Zell involvement, FT says
A source close to CommonWealth REIT (CWH) said the company would ask the SEC to investigate if billionaire investor Sam Zell broke the regulator's rules by not declaring a financial interest when joining the slate of board nominees being pushed for by Corvex Management and Related Fund Management, according to Financial Times. The president of CommonWealth, Adam Portnoy, says Zell should have revealed that one of his investee companies is in a dispute over lease payments with Select Income REIT (SIR), which is part-owned by CommonWealth, the report added. Reference Link
News For CWH;SIR From The Last 14 Days
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July 28, 2015
07:14 EDTSIRSelect Income REIT reports Q2 FFO 70c, one estimate 40c
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July 23, 2015
10:00 EDTSIROn The Fly: Analyst Downgrade Summary
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06:20 EDTSIRSelect Income REIT downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded Select Income REIT to Underweight from Equal Weight with a $20 price target The firm downgraded shares due to premium valuation and high cost of capital.
July 21, 2015
10:01 EDTSIROn The Fly: Analyst Initiation Summary
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07:12 EDTSIRSelect Income REIT initiated with a Market Perform at JMP Securities
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