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Stock Market & Financial Investment News

News Breaks
February 28, 2014
08:30 EDTCWHCommonWealth REIT says board focused on creating long-term value for investors
CommonWealth REIT announced that it has made available to shareholders an investor presentation on the Company’s website at www.cwhreit.com. The presentation outlines the clear differences between the business plan being successfully executed by the CWH Board and management and the scheme for CWH proposed by Related Fund Management, LLC and Corvex Management LP. The CWH Board and management are focused on delivering superior results for all shareholders, as evidenced by CWH’s recently announced fourth quarter results that exceeded expectations on most financial and operating metrics. In contrast, Related/Corvex are attempting to take control of CWH without paying shareholders anything for that control. We also believe the Related/Corvex scheme would place CWH’s common stock dividend and investment grade debt ratings at risk. The CWH Board and management believe that the continued execution of the Company’s business strategy is in shareholders’ best interests for the following reasons: The CWH Board and management team remain focused on creating long term value for all CWH shareholders. "Now that the CWH business plan is generating real value for shareholders, we believe Related/Corvex are attempting to take control of CWH for short term profits and without paying anything to shareholders. We believe Related/Corvex’s scheme for CWH is focused on the short term at the expense of long term shareholder value," the company said.
News For CWH From The Last 14 Days
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July 15, 2014
16:26 EDTCWHCorvex lowers stake in CommonWealth REIT to 5.7% from 8.8%
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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
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July 11, 2014
11:19 EDTCWHOptions with decreasing implied volatility: BDSI CWH INFY MONT
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July 10, 2014
10:05 EDTCWHOn The Fly: Analyst Upgrade Summary
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08:39 EDTCWHGovernment Properties stake in SIR viewed negatively at Wells Fargo
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06:37 EDTCWHCommonWealth sells stake in Select Income REIT for $31.51 per share
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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.
July 8, 2014
16:20 EDTCWHCommonWealth REIT appoints Adam Markman as CFO
CommonWealth REIT announced the appointment of Adam Markman as CommonWealth REIT's Executive Vice President, CFO and Treasurer, effective July 14. Markman will be responsible for finance and accounting, capital markets, investor relations, and treasury. Markman served as Managing Director of Green Street Advisors, a real estate research firm, where he worked from 1994 to 2014.

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