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Stock Market & Financial Investment News

News Breaks
December 12, 2012
08:47 EDTNRFNorthstar Realty Finance Corp. 25M share Spot Secondary priced at $6.40
Deutsche Bank and UBS acted as joint book running managers for the offering.
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May 14, 2015
10:07 EDTNRFNorthstar Realty management to meet with JMP Securities
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May 13, 2015
09:14 EDTNRFNorthstar Realty index inclusion a catalyst, says FBR Capital
FBR Capital views Northstar Realty's upcoming addition to the MSCI U.S. REIT Index as both a short- and long-term positive catalyst. FBR believes passive funds that benchmark to the index may need to own the stock and that the inclusion "could open the gates" for more participation and ownership by active REIT-dedicated investors. Vanguard alone may need to buy 23M shares of the stock with index inclusion, it points out. The firm has an Outperform rating on Northstar with a $22 price target.
09:11 EDTNRFNorthstar Realty announces addition to MSCI U.S. REIT Index
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