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Stock Market & Financial Investment News

News Breaks
June 4, 2014
09:06 EDTFPIFarmland Partners announces agreement for acuisition of Nebraska farm for $1M
Farmland Partners announced that it has entered into a purchase agreement to acquire an approximately 640-acre row crop farm in Morrill County, Nebraska for approximately $1M. The company intends to sign a five-year lease with the seller at an anticipated unlevered annual cash return of approximately 6.25%. The acquisition, which is subject to customary closing conditions, is expected to close on or before July 3.
News For FPI From The Last 14 Days
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July 22, 2014
18:33 EDTFPIOn The Fly: After Hours Movers
UP AFTER EARNINGS: Broadcom (BRCM), consensus up 3% after reporting second quarter results... Intuitive Surgical (ISRG), up 10.4%... Manhattan Associates (MANH), up 3%... Robert Half International (RHI), up 3.9%... Hawaiian Holdings (HA), up 3.1%... Microsoft (MSFT), up just under 1%... FMC Technologies (FTI), up 1.1%. ALSO HIGHER: Ballard Power Systems (BLDP), up 2.7% following purchase order from New Flyer Industries... Unwired Planet (UPIP), up 2.4% after filing a lawsuit against Microsoft for breach of contract. NOTABLE: Puma Biotechnology (PBYI), up 193.8% after reporting positive top line results from Phase III PB272 trial. DOWN AFTER EARNINGS: Xilinx (XLNX), down 8.7%... Apple (AAPL), down after reporting third quarter results and fourth quarter guidance... Juniper Networks (JNPR), down 4.7%... ALSO LOWER: Farmland Partners (FPI), down 3.8% after filing to sell 3.72M shares of common stock.
16:35 EDTFPIFarmland Partners files to sell 3.72M shares of common stock
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16:07 EDTFPIFarmland Partners files to sell 3.72M shares of common stock
Baird and Stifel are acting as joint book running managers for the offering.

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