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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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April 22, 2015
08:35 EDTIRMIron Mountain, EMC enter strategic relationship for cloud services
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April 16, 2015
11:05 EDTCBSCBS April calls active amid subject of recent takeover chatter
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April 15, 2015
08:34 EDTIRMIron Mountain selects ORBCOMM for RFID inventory governance solution
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April 13, 2015
07:22 EDTCBSWave of media M&A may be on the way, WSJ says
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