New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 4, 2014
08:12 EDTAEC, EXR, MAA, QTS, OFC, CORJefferies NAREIT REITWeek Meetings
Meetings held with various companies, in conjunction with the NAREIT REIT Conference, will be held in New York on June 3-5.
News For EXR;COR;QTS;AEC;OFC;MAA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 28, 2015
09:16 EDTCORCoreSite Realty 4.5M share Spot Secondary priced at $49.00
Subscribe for More Information
06:41 EDTOFCCorporate Office Properties sees Q2 adj. FFO 48c-50c, consensus 50c
Subscribe for More Information
06:41 EDTOFCCorporate Office Prop narrows FY15 adj. FFO view to $1.99$2.03 from $1.97$2.03
Subscribe for More Information
06:39 EDTOFCCorporate Office Properties reports Q1 adj. FFO 45c, consensus 46c
Reports Q1 revenue $161.03M, consensus $97.30M.
April 27, 2015
17:20 EDTQTSQTS Realty Trust sees FY15 operating FFO $2.07-$2.17, consensus $2.15
Reaffirms FY15 Adjusted EBITDA $115.0M-$123.0M. QTS is updating its FY15 for Operating FFO to a range of $87.2M-$91.2M to reflect the equity issuance. The updates to Operating FFO and Operating FFO per share solely reflect the impact of the equity issuance and do not represent any change in views for the core operating performance of the Company, which remains unchanged. QTS is also revising its FY15 guidance on development Capital Expenditures, excluding acquisitions, to approximately $275M-$325M to incorporate the positive acceleration of customer activity in Richmond and Dallas-Fort Worth. This guidance is calculated based on core revenue growth, excluding acquisitions, in the mid to high teens, annual rental churn of 5-8%, and does not contemplate any acquisitions, dispositions or financing activities other than those which have already been disclosed.
17:17 EDTQTSQTS Realty Trust reports Q1 operating FFO 50c, consensus 50c
Reports Q1 revenue $61.39M, consensus $60.23M.
16:41 EDTCORCoreSite Realty announces sale of 4.5M shares of stock by Carlyle affiliates
CoreSite Realty Corporation announced the sale of 4,500,000 shares of its common stock by investment funds affiliated with The Carlyle Group to Jefferies LLC and Citigroup, as the underwriters in connection with the offering. In addition, the underwriters will have a 30-day option to purchase up to 675,000 additional shares from the selling stockholders.
15:04 EDTOFCNotable companies reporting before tomorrow's open
Subscribe for More Information
11:11 EDTAECHome Properties takeover speculation not surprising, says Wells Fargo
Subscribe for More Information
April 23, 2015
08:06 EDTCORCoreSite Realty maintains FY15 FFO view $2.55-$2.65, consensus $2.60
In addition, CoreSite is maintaining its 2015 guidance for net income attributable to common shares in the range of $0.75 to $0.85 per diluted share, with the difference between FFO and net income being real estate depreciation and amortization. CoreSite is increasing its guidance for 2015 total capital expenditures by $30 million to a range of $115 million to $145 million to primarily reflect the development of the powered shell build-to-suit data center on its Santa Clara campus.
08:05 EDTCORCoreSite Realty reports Q1 FFO 64c, consensus 61c
Reports Q1 revenue $74.8M, consensus $75.03M.
April 22, 2015
15:38 EDTAECAssociated Estates downgraded to Market Perform from Outperform at Wells Fargo
Subscribe for More Information
10:17 EDTAECHigh option volume stocks
High option volume stocks: CAMP FTI NUVA ASHR MDRX AEC OIL TEL PODD SMCI
09:17 EDTAECBrookfield agrees to acquire Associated Estates for $28.75 per share in cash
Associated Estates (AEC) announced its board has unanimously approved a definitive merger agreement under which a real estate fund managed by Brookfield Asset Management (BAM) will acquire all outstanding shares of common stock of Associated Estates for $28.75 per share in cash. The transaction is valued at approximately $2.5B including the assumption of debt. Completion of the transaction is contingent upon customary closing conditions. The company will convene a special meeting to seek the approval of Associated Estates shareholders, and the annual meeting previously scheduled for May 22, 2015 has been postponed indefinitely. The transaction is not contingent on receipt of financing by Brookfield. Closing is expected to occur in the second half of 2015. Associated Estates intends to pay the previously announced common stock dividend of 21c per share on May 1, 2015 to shareholders of record as of April 15, 2015. The Company does not expect to pay additional dividends prior to the closing of the merger.
April 16, 2015
10:00 EDTCOROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AGCO (AGCO) downgraded to Underweight from Neutral at JPMorgan... Alcatel-Lucent (ALU) downgraded to Buy from Conviction Buy at Goldman... Anglo American (AAUKY) downgraded to Sell from Neutral at Goldman... BAE Systems (BAESY) downgraded to Neutral from Buy at UBS... BHP Billiton (BHP) downgraded to Neutral from Conviction Buy at Goldman... Black Diamond (BDE) downgraded on valuation at Stifel... Boston Private Financial (BPFH) downgraded to Hold from Buy at Sandler O'Neill... Columbus McKinnon (CMCO) downgraded to Neutral from Buy at CL King... CoreSite Realty (COR) downgraded to Hold from Buy at Evercore ISI... Meggitt (MEGGF) downgraded to Sell from Neutral at UBS... Methanex (MEOH) downgraded to Sector Perform from Outperform at Scotia Capital... Nokia (NOK) downgraded to Neutral from Buy at Citigroup... SanDisk (SNDK) downgraded to Sell from Neutral at BTIG... Thomson Reuters (TRI) downgraded to Sector Perform from Outperform at RBC Capital... Turquoise Hill (TRQ) downgraded to Hold from Speculative Buy at TD Securities... Washington Federal (WAFD) downgraded to Neutral from Buy at DA Davidson.
07:07 EDTCORCoreSite Realty downgraded to Sector Weight from Overweight at KeyBanc
Subscribe for More Information
06:32 EDTCORCoreSite Realty downgraded to Hold from Buy at Evercore ISI
Subscribe for More Information
06:08 EDTOFCCorporate Office Properties acquires building in Northern Virginia for $83M
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use