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Stock Market & Financial Investment News

News Breaks
March 15, 2013
06:46 EDTCWHCorvex amends complaint against CommonWealth REIT
Corvex Management and Related Fund Management announced that in order to facilitate their previously announced solicitation of written consents from the shareholders of Commonwealth REIT to remove the entire board of trustees, they are amending their complaint pending in Maryland State Court against CWH, its board, including Barry M. Portnoy, Adam D. Portnoy, Joseph L. Morea, William A. Lamkin and Frederick N. Zeytoonjian, and its external manager, Reit Management & Research. Pursuant to the amended complaint, Corvex and Related are seeking that the Court declare null and void various bylaw amendments that the board has implemented to attempt to restrict shareholders' ability to act by written consent. Corvex and Related strongly believe such bylaw provisions implemented by the board are in clear contravention of CWH's charter, which expressly grants all shareholders the right to act by written consent. Corvex and Related are also filing in Maryland State Court a motion for partial summary judgment on this matter.
News For CWH From The Last 14 Days
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April 22, 2014
10:00 EDTCWHOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CommonWealth REIT (CWH) downgraded to Sell from Hold at Stifel... Del Frisco's (DFRG) downgraded to Market Perform from Outperform at Raymond James... Deutsche Bank (DB) downgraded to Neutral from Buy at UBS... Diageo (DEO) downgraded to Market Perform from Outperform at Raymond James... Eni SpA (E) downgraded to Neutral from Buy at UBS... Fidelity & Guaranty Life (FGL) downgraded to Neutral from Outperform at Credit Suisse... Frontier Communications (FTR) downgraded to Hold from Buy at Gabelli... QEP Resources (QEP) downgraded to Equalweight from Overweight at Barclays... Rogers Communications (RCI) downgraded to Sell from Hold at Canaccord... Rush Enterprises (RUSHA) downgraded to Underperform from Buy at BofA/Merrill... TSMC (TSM) downgraded to Neutral from Overweight at HSBC... Valero (VLO) downgraded to Neutral from Buy at BofA/Merrill... Wisconsin Energy (WEC) downgraded to Fair Value from Buy at CRT Capital... Zillow (Z) downgraded to Fair Value from Buy at CRT Capital... Zions Bancorp (ZION) downgraded to Equal Weight from Overweight at Evercore.
07:32 EDTCWHCommonWealth REIT downgraded to Sell from Hold at Stifel
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06:44 EDTCWHCommonWealth REIT downgraded to Sell from Hold at Stifel
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April 15, 2014
10:29 EDTCWHOptions with increasing implied volatility: YOKU CWH BEAM
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April 14, 2014
16:58 EDTCWHCommonWealth REIT entered into forbearance agreements
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05:53 EDTCWHStocks with implied volatility movement; SDS CWH
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