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Stock Market & Financial Investment News

News Breaks
February 6, 2013
10:44 EDTEQREquity Residential: 2013 same-store results likely not 'quite as strong' as 2012
Says maintaining prior Q3 guidance of 4%-5% growth in 2013 same-store revenue, which would be below the 2012 same-store revenue growth of 5.5%. Says 2013 disposition program will put company in position to exit Tacoma, Jacksonville, Atlanta and Phoenix markets. Says starts this year on EQR owned or controlled sites could total more than $500M in New York, Seattle, San Francisco and Southern California. Comments from Q4 earnings conference call.
News For EQR From The Last 14 Days
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May 23, 2013
07:58 EDTEQREquity Residential 15.068M share Spot Secondary priced at $58.40
Goldman acted as sole book running manager for the offering.
May 22, 2013
17:11 EDTEQREquity Residential announces 15.07M common share at-the-market offering
Jupiter Enterprise, an indirect subsidiary of Lehman Brothers, is the selling shareholder. Goldman Sachs is acting as the sole book-running manager for the offering.

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