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Stock Market & Financial Investment News

News Breaks
March 28, 2014
16:06 EDTESS, BREEssex shareholders approve issuance of shares in connection with BRE merger
Essex Property Trust (ESS) announced that at its special meeting of stockholders, stockholders approved the issuance of shares of Essex common stock to the stockholders of BRE Properties (BRE) in connection with the merger of BRE with and into BEX Portfolio, a direct wholly owned subsidiary of Essex formerly known as Bronco Acquisition Sub, pursuant to the agreement and plan of merger. Approximately 87.1% of the outstanding shares of Essex common stock voted with respect to the proposed issuance and of those outstanding shares that voted, approximately 99.8% voted in favor of the issuance.
News For ESS;BRE From The Last 14 Days
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September 16, 2014
10:01 EDTESSBofA/Merrill REITs analysts hold an analyst/industry conference call
CMBS Strategist Todd, U.S. REIT Analyst Spector, REIT Fixed Income Analyst Frost, along with CBRE Capital Markets Executive Managing Director Levy discuss their best ideas, current outlook and viewpoints on all things in the commercial real estate sector on an Analyst/Industry conference call to be held on September 19 at 11 am.
September 4, 2014
10:29 EDTESSOn The Fly: Analyst Downgrade Summary
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06:24 EDTESSEssex Property Trust downgraded to Neutral from Buy at UBS
UBS downgraded Essex Property to Neutral based on valuation. Price target remains $195.

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