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Stock Market & Financial Investment News

News Breaks
November 28, 2012
18:51 EDTDCTDCT Industrial CEO sells 100k shares, first action since 2008, Barron's says
DCT Industrial (DCT) president and CEO Philip Hawkins recently sold 100,000 shares of DCT at an average price of $6.32 in his first transaction since buying 15,000 shares in September 2008, according to a Barron's report. The Barron's report notes two analyst reports that are bullish in the name, with a note from BMO Capital giving an Outperform rating and a $7 price target, which hit multi-year highs of $6.89 on September 17. Shares of DCT lost 4c, or 0.63%, to close at $6.26 on today's session. Reference Link
News For DCT From The Last 14 Days
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October 9, 2014
16:12 EDTDCTDCT Industrial acquires 750K square foot building in Northern California
DCT Industrial Trust announced the acquisition of a 750,000 square foot bulk distribution building located in the Central Valley submarket of Tracy, California. The modern, Class A facility is 100 percent leased on a long-term basis to a strong-credit tenant and is centrally located with access to Interstate 5 and Highways 580 and 205. This acquisition brings DCT Industrialís Northern California consolidated portfolio to 3.9 million square feet.
October 8, 2014
16:14 EDTDCTDCT Industrial acquires 110,000 square-foot building in Southern California
DCT Industrial acquired a value-add, Class A, 111,000 square foot building located in the Carlsbad submarket of North County, San Diego. Located in the Carlsbad Research Center, a 560-acre master-planned business park, the building is currently 44% leased.

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