New User:

-or-
Username:
Password:
Forgot your password?

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
Check below for free stories on CWH the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 15, 2014
16:26 EDTCWHCorvex lowers stake in CommonWealth REIT to 5.7% from 8.8%
Subscribe for More Information
July 14, 2014
10:00 EDTCWHOptions with decreasing implied volatility: SHPG INFY CWH FDO IDIX FAST
05:49 EDTCWHStocks with implied volatility movement; BBBY CWH
Subscribe for More Information
July 11, 2014
11:19 EDTCWHOptions with decreasing implied volatility: BDSI CWH INFY MONT
Subscribe for More Information
July 10, 2014
10:05 EDTCWHOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
08:39 EDTCWHGovernment Properties stake in SIR viewed negatively at Wells Fargo
Subscribe for More Information
06:37 EDTCWHCommonWealth sells stake in Select Income REIT for $31.51 per share
Subscribe for More Information
06:36 EDTCWHCommonWealth REIT upgraded to Buy from Hold at Stifel
Stifel upgraded CommonWealth (CWH) to Buy following the sale of its stake in Select Income REIT (SIR) for $705M. The analyst said the sale will allow the company to pay down its $735M outstanding term loan revolver and views the new CFO announcement as a positive. Price target is $28.50.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use