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Stock Market & Financial Investment News

News Breaks
January 7, 2014
06:19 EDTOFC, BDN, BMR, SLG, PKY, PDM, GOV, KRC, HPP, DEI, DFTOffice REIT sector upgraded to Market Weight at Wells Fargo
Wells Fargo upgraded the Office REIT sector to Market Weight from Underweight citing relative valuations and improving office fundamentals. The firm has Outperform ratings on shares of Corporate Office Properties (OFC), Douglas Emmett (DEI), Hudson Pacific (HPP) and Kilroy Realty (KRC). Wells has Underperform ratings on Government Properties (GOV) and Piedmont Office Realty (PDM).
News For OFC;DEI;HPP;KRC;GOV;PDM;PKY;SLG;BMR;BDN;DFT From The Last 14 Days
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August 21, 2014
16:11 EDTDFTDuPont Fabros names James Armstrong as Chief Accounting Officer
DuPont Fabros Technology announced that James W. Armstrong has been promoted to Chief Accounting Officer. Armstrong joined DuPont Fabros Technology at the time of its initial public offering in 2007 as the Director of Financial Reporting. In December 2013, Armstrong was promoted to VP, Corporate Controller.
August 14, 2014
08:13 EDTOFCCorporate Office Properties sells eight properties in White Marsh
Corporate Office Properties Trust has completed the disposition of eight operating properties previously held-for-sale in the White Marsh submarket of Greater Baltimore, Maryland. The properties sold in three separate transactions that had a combined value of $28.75M, generating net proceeds of $28M. The Mercantile Road and Campbell Boulevard buildings, respectively, were sold to a local redeveloper and a 1031-exchange buyer; the Franklin Square properties were purchased by an owner-occupier.

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