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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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April 16, 2014
16:37 EDTPLDPrologis files automatic mixed securities shelf
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16:12 EDTEGPEastGroup Properties now sees FY14 FFO $3.39-$3.49, had seen $3.37-$3.47
Consensus $3.42.
16:11 EDTEGPEastGroup Properties reports Q1 FFO 82c, consensus 82c
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April 14, 2014
09:06 EDTPLDPrologis signs four development lease agreement in Q1 in Brazil and Mexico
Prologis announced it signed four development lease agreements in the Q1 totaling 582,000 square feet in Brazil and Mexico. The agreements include: 290,000 square feet at Prologis CCP Dutra in Sao Paulo, pre-leased to a leading wholesale warehouse club and repeat Brazil customer. The property is proximate to the airport; and 113,000 square feet at Prologis CCP Queimados with a major pharmaceutical distributor near Rio de Janeiro; and 179,000 square feet at Prologis Park Toluca in Mexico to two separate customers: a regional packaging producer and a leading automotive company. The park totals 628,000 square feet with expansion capabilities to more than 1 million square feet.
April 10, 2014
09:04 EDTPLDPrologis preleases 211K square feet in Japan development
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