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Stock Market & Financial Investment News

News Breaks
July 14, 2014
17:13 EDTJLLJLL acquires CLEO Construction Management
JLL announced the acquisition of CLEO Construction Management, a prominent construction project management services firm that specializes in medical facilities. The transaction will enable JLL to provide a broader range of services to healthcare organizations. The acquisition is scheduled to close later this month, subject to customary closing conditions. A total of 13 people from CLEO will become a part of JLL, with Jeff and Tim Fyffe joining JLL as senior vice presidents. They will report to Carlos Serra, Managing Director for the Southwest Project and Development Services Group.
News For JLL From The Last 14 Days
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February 25, 2015
07:19 EDTJLLCushman & Wakefield property-services firm exploring sale, WSJ says
Cushman & Wakefield, the third-largest property-services firm in the world after CBRE Group (CBG) and Jones Lang LaSalle (JLL), is being put up for sale by the Italian family that controls it, according to The Wall Street Journal, citing people familiar with the matter. The Agnelli family prefer a privately held buyer and won't consider selling to a direct competitor, the sources told the Journal. Reference Link
February 24, 2015
14:51 EDTJLLJones Lang LaSalle management to meet with Sidoti
Meeting to be held in the Mid-Atlantic area on February 26 hosted by Sidoti.
February 18, 2015
10:00 EDTJLLJ.C. Penney move higher attributed to real estate speculation
The move higher in shares of J.C. Penney (JCP) is being attributed to speculation the company may look to monetize its real estate assets. The speculation seems to be originating from a Jones Lang LaSalle (JLL) employee's webpage showing the retailer as a client. The JLL employee, Stephen Bridges, specializes in "assisting industrial users with the lease, purchase, and sale of real estate." It is not clear when Penny became a client of JLL. Shares of Penny rallied to a high of $8.50, and are trading up 16c to $8.29 in early trading. Reference Link

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