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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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October 24, 2014
06:03 EDTOFCCorporate Office Properties backs Q4 adjusted FFO 48c-50c
06:03 EDTOFCCorporate Office Properties narrows FY14 adjusted FFO to $1.87-$1.89
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06:02 EDTOFCCorporate Office Properties reports Q3 EPS 22c, one estimate 18c
Reports Q3 FFO 49c, adjusted FFO 48c. At September 30, 2014, the Companyís total portfolio of 174 operating office properties totaled 16.9 million square feet that were 91.5% occupied and 93.0% leased.
October 21, 2014
10:00 EDTOFCOn The Fly: Analyst Initiation Summary
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07:32 EDTOFCCorporate Office Properties initiated with a Buy at SunTrust
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October 16, 2014
06:03 EDTOFCCorporate Office Properties announces CFO transition plan
Corporate Office Properties CFO Stephen E. Riffee will fulfill his employment contract term through March 31, 2015 and then pursue other interests. As part of a planned succession, COPTís Board of Trustees appointed Anthony Mifsud, Senior VP of Finance and Treasurer, to CFO effective April 1, 2015. Mr. Mifsud, age 50, joined the company in 2007 and has served as its Senior VP, Finance and Treasurer since January 2011.

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