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Stock Market & Financial Investment News

News Breaks
March 13, 2013
16:23 EDTOFCCOPT lowers Q1 FFO view 38c-40c, citing early debt retirement
Sees FY13 FFO $1.74 and $1.84. Management is updating its previously issued guidance for 2013 diluted funds from operations per share, FFOPS, and diluted earnings per share, EPS, to reflect the 6c per share loss on the early retirement of indebtedness and the 3c per share loss on the original issuance costs of the redeemed preferred shares. Management is establishing guidance for FFOPS, as adjusted for comparability, for the full year 2013 of $1.83 to $1.93, which is equal to its previous guidance for 2013 FFOPS. Incorporating the losses on early debt retirement and original issuance costs, the company now expects full year 2013 FFOPS of between $1.74 and $1.84, and first quarter 2013 FFOPS of between $0.38 and $0.40.
News For OFC From The Last 14 Days
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July 28, 2015
06:09 EDTOFCCorporate Office Properties to acquire 100 Light Street from Lexington Realty
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06:06 EDTOFCCorporate Office Prop raises FY15 adj. FFO view to $2.00-$2.04, consensus $2.00
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06:06 EDTOFCCorporate Office Properties sees Q4 adj. FFO 52c-54c
06:05 EDTOFCCorporate Office Properties sees Q3 adj. FFO 51c-53c, consensus 52c
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06:04 EDTOFCCorporate Office Properties reports Q2 adj. FFO 51c, consensus 50c
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July 27, 2015
16:08 EDTOFCCorporate Office Properties sells MITRE building for $27.75M
Corporate Office Properties Trust has completed the disposition of 1550 Westbranch Drive in McLean, Virginia, for $27.75M. The building contains approximately 152,200 rentable square feet and is 100% leased to The MITRE Corporation until October 2016.

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