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Stock Market & Financial Investment News

News Breaks
April 17, 2014
07:37 EDTCBS, IRMIron Mountain could be valued above $40/share with REIT, says William Blair
William Blair continues to believe the odds of REIT conversion for Iron Mountain (IRM) remain about 50/50 after shares rallied on CBS' (CBS) favorable REIT ruling. The firm thinks the rationale for the CBS ruling are likely unrelated to issues under consideration for Iron Mountain. It estimates shares of Iron Mountain could be valued above $40 with REIT approval. The firm finds the risk/reward into the decision as favorable and keeps an Outperform rating on the stock.
News For IRM;CBS From The Last 14 Days
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February 27, 2015
06:07 EDTCBSTiVo, RPX buy Aereo assets, WSJ says
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February 25, 2015
07:57 EDTCBSSandell pressures CBS to divest radio stations to Cumulus Media, The Deal says
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February 19, 2015
15:32 EDTIRMNotable companies reporting before tomorrow's open
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10:05 EDTCBSCBS says Hulu bought video on demand rights to CSI
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February 18, 2015
10:05 EDTCBSOn The Fly: Analyst Initiation Summary
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08:49 EDTCBSCBS initiated with a Neutral at Rosenblatt
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February 17, 2015
12:56 EDTCBSDecline of TV viewing accelerated, NY Post reports
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