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Stock Market & Financial Investment News

News Breaks
January 16, 2013
06:11 EDTEGP, DCT, PLD, STAGIndustrial REIT sector downgraded to Market Weight at Wells Fargo
Wells Fargo downgraded the Industrial REIT sector to Market Weight from Overweight citing a lack of compelling valuations in the group. The firm downgraded shares of EastGroup Properties (EGP) to Market Perform from Outperform, keeps an Underperform rating on DCT Industrial (DCT), an Outperform rating on ProLogis (PLD), and Market Perform rating on STAG Industrial (STAG).
News For EGP;DCT;PLD;STAG From The Last 14 Days
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October 16, 2014
16:08 EDTEGPEastGroup Properties raises FY14 FFO view to $3.45-$3.47, consensus $3.45
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16:06 EDTEGPEastGroup Properties sees Q4 FFO 90c-92c, consensus 90c
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16:04 EDTEGPEastGroup Properties reports Q3 FFO 89c, consensus 88c
Reports Q3 revenue $55.96M, consensus $54.89M. Reports Q3 Same Property Net Operating Income Growth of 3.7%.
14:24 EDTPLDPrologis expands European warehouse builds on e-commerce, Bloomberg says
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October 15, 2014
09:20 EDTSTAGOn The Fly: Pre-market Movers
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09:03 EDTSTAGSTAG Industrial 5.5M share Spot Secondary priced at $21.20
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October 14, 2014
18:20 EDTSTAGOn The Fly: After Hours Movers
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16:11 EDTSTAGSTAG Industrial offers 5M shares of common stock
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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.
09:06 EDTPLDPrologis signs 269,100 square foot build-to-suit agreement in the Netherlands
Prologis has signed a 269,100 square foot build-to-suit agreement in the Netherlands with Coolblue, one of the largest online retailers in the Benelux.

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