New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 26, 2014
09:22 EDTIRMIron Mountain sees FY16 revenue $3.36B-$3.47B
Sees FY16 adjusted OIBDA $1.01B-$1.07B. Iron Mountain says emerging market M&A pipeline strong and execution "well underway." Iron Mountain says a large Records and Information Management market opportunity remains in North America. Iron Mountain sees increasing its regular dividend and distributing remaining E&P purge by year end, assuming 2014 REIT conversion. Iron Mountain expects capital expenditures for 2014-2016 to be consistent with 2013 levels. Long-term guidance and comments from investor day presentation.
News For IRM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 14, 2014
09:38 EDTIRMJANA Partners gives quarterly update on stakes
NEW STAKES: AMD (AMD), AECOM Technology (ACM), Alibaba (BABA), McDonald's (MCD), Amgen (AMGN), Gaming and Leisure Properties (GLPI), Iron Mountain (IRM), iRobot (IRBT), Seadrill Partners (SDLP), Valeant (VRX). INCREASED STAKES: eBay (EBAY), Charter (CHTR), Groupon (GRPN), HD Supply (HDS), Hertz (HTZ). DECREASED STAKES: Apache (APA). LIQUIDATED STAKES: CBS (CBS), Endo (ENDP), FMC Corporation (FMC), SeaWorld (SEAS), SunEdison (SUNE).
November 11, 2014
08:32 EDTIRMIron Mountain selling shredding operations in UK, Ireland, Australia for $29.8M
Iron Mountain announced it has signed a definitive agreement to divest its international shredding operations located in the United Kingdom, Ireland and Australia to Shred-it International ULC for approximately $29.8M. Additionally, Iron Mountain has agreed to acquire Canadian-based Securit Records Management Inc., an affiliate of Shred-it International ULC, for approximately $29M. The deals are subject to customary closing conditions and price adjustments, and are expected to close by the end of the year. Iron Mountainís international shredding operations include eight shredding plants and approximately 90 mobile shredding units across the UK, Ireland, and Australia. Going forward, Iron Mountain and Shred-it will work together to provide seamless support for shared customers in these regions. Additionally, the acquisition of Securit Records Management aligns with Iron Mountainís vision to expand its capacity to provide records management services and to grow its brand as a leading information management solution provider. Securit Records Management in Canada consists of nine facilities and three million cubic feet of records. Two of the largest facilities are located in Ottawa and Toronto, where Iron Mountain sought additional space to support new and existing customers. Iron Mountain will continue to operate its substantial shredding business throughout North America, which includes 21 plants, 290 mobile shredding units and serves more than 43,000 customers.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use