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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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May 12, 2015
09:14 EDTCBSApps World to hold a conference
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08:31 EDTCBSApple likely to launch TV video service this year, says Pacific Crest
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07:06 EDTCBSCBS management to meet with UBS
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06:41 EDTCBSTV networks touting digital, targeting technologies to marketers, NY Times says
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May 11, 2015
10:09 EDTIRMHigh option volume stocks
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06:33 EDTCBSTV networks worried amid tough competition from digital outlets, NY Times says
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May 10, 2015
18:05 EDTCBSFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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