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News For IRM;CXW;GEO From The Last 14 Days Check below for free stories on IRM;CXW;GEO the last two weeks. |
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| June 16, 2013 | | 12:13 EDT |  | IRM | Iron Mountain could drop towards the teens, Barron's reports
 Subscribe for More Information | | | June 12, 2013 | | 16:19 EDT |  | CXW | Corrections Corp. ceases operation of certain facilites in Texas and Mississippi
Subscribe for More Information | | | June 10, 2013 | | 09:27 EDT |  | IRM | Iron Mountain risk/reward still not compelling, says Wells Fargo
Subscribe for More Information | | | June 9, 2013 | | 18:39 EDT | | IRM | Investors 'should be wary' of Iron Mountain, Barron's warns
Subscribe for More Information | | | June 7, 2013 | | 16:26 EDT |  | IRM | On The Fly: Closing Wrap
Subscribe for More Information | | | 14:39 EDT | | IRM | Shares poised to finish week higher as jobs report reassures investors
Subscribe for More Information | | | 12:57 EDT | | IRM | On The Fly: Midday Wrap
The Wall Street averages were all up about 1% near midday after the monthly jobs report beat forecasts. ECONOMIC EVENTS: In the U.S., the Labor Department reported employers added 175K jobs in May, beating expectations for 163K added jobs. The unemployment rate rose slightly to 7.6% in May from 7.5% in April, with the uptick attributed to more people entering the workforce. COMPANY NEWS: TiVo (TIVO) confirmed it had settled a patent lawsuit with Google's (GOOG) Motorola unit, Cisco (CSCO) and Time Warner Cable (TWC), as reported by media outlets yesterday. The company also doubled its stock buyback authorization, but TiVo shares, which had been higher yesterday on the initial reports, fell over 17% as the amount of money the company received in the deal fell short of analyst expectations. MAJOR MOVERS: Among the notable gainers were JinkoSolar (JKS) and Thor Industries (THO), which both gained over 10% following their earnings reports. Also higher were shares of Yum! Brands (YUM), which rose nearly 3% after UBS upgraded the stock to Buy. Among the losers were a number of companies that had hoped to convert to real estate investment trusts after the IRS formed a group to study issues relating to REIT conversions. Notably, Iron Mountain (IRM) fell almost 16%, Copart (CPRT) dropped over 6%, and Equinix (EQIX) slid over 5%. INDICES: Near 1 pm ET, the Dow was up 168.95, or 1.12%, to 15,209.57; the Nasdaq was up 35.12, or 1.03%, to 3,459.17; and the S&P 500 was up 15.41, or 0.95%, to 1,637.97. | | | 12:04 EDT |  | IRM | Options with increasing implied volatility:TIBX RHT IRM CA LIFE
Subscribe for More Information | | | 10:34 EDT | | IRM | REIT hopefuls decline after IRS launches review
Subscribe for More Information | | | 10:24 EDT |  | IRM | Iron Mountain falls sharply on IRS REIT decision, levels to watch
The IRS is forming a working group to explore REIT conversion, which analysts view as a net negative for Iron Mountain (IRM) and other companies seeking conversion. The stock is down over 17% at time of writing to $28.42. At that price support is at $27.75, the low of the session so far, and then at $27.10, a 2-year low. Resistance is at $29.33. | | | | 10:11 EDT |  | IRM | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 09:27 EDT | | IRM | On The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray. | | | 08:57 EDT | | IRM | Equinix volatility flat into concerns of qualifying for REIT status
Subscribe for More Information | | | 08:37 EDT | | GEO | Geo Group sees Joe Corley Detention Center generating $27M in annual revenue
Subscribe for More Information | | | 08:00 EDT | | IRM | Iron Mountain REIT delayed, quick resolution not expected, says RW Baird
Subscribe for More Information | | | 07:53 EDT | | IRM | IRS move a net negative for REIT conversion hopefuls, says Jefferies
Subscribe for More Information | | | 07:45 EDT | | IRM | Equinix shares should be bought on weakness, says Stifel
Subscribe for More Information | | | 07:33 EDT | | IRM | IRS news near-term negative for CBS, Equinix, Lamar, says Citi
Subscribe for More Information | | | 07:12 EDT | | IRM | Penn National weakness a buying opportunity, says Deutsche Bank
Subscribe for More Information | | | 07:09 EDT | | IRM | Iron Mountain downgraded to Hold from Buy at Stifel
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