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Stock Market & Financial Investment News

News Breaks
October 8, 2012
05:56 EDTDLRDigital Realty signs 3 MW turn-key flex lease
Digital Realty Trust announced that it has signed a new lease for 3 megawatts, or MW, of IT load in the third quarter with a leading technology-focused seismic solutions company serving the global energy industry.
News For DLR From The Last 14 Days
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May 20, 2013
07:38 EDTDLRStifel Nicolaus to host a conference
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07:02 EDTDLRDigital Realty contracts with uptime institute for tier III certifications
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May 13, 2013
12:24 EDTDLRDuPont Fabros advances after Jefferies ups rating to Buy
Data center owner DuPont Fabros (DFT) is climbing after a Jefferies analyst upgraded the stock to Buy from Hold in a note to investors earlier today. WHAT'S NEW: DuPont Fabros' funds from operations, or FFO, should jump 22% in 2014, Jefferies analyst Omotayo Okusanya wrote. FFO is a measure of profitability used by companies that, like DuPont Fabros, are REITs, or real estate investment trusts. DuPont Fabros should benefit from two data centers that it's in the process of building, while the outlook for leases at two of its existing facilities are set to improve, Okusanya believes. Moreover, the company trades at a significantly lower valuation than its peers, even though its earnings growth is higher, reported the analyst, whose target on the stock rose to $32 from $27. TODAY'S PRICE ACTION: In early afternoon trading, DuPont Fabros rose 66c, or 2.5%, to $26.80. Another data center REIT, Digital Realty Trust (DLR), gained 1.4% to $66.40.
07:19 EDTDLRJMP Securities to host a conference
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06:46 EDTDLRDigital Realty upgraded to Buy from Hold at MLV Equity
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