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Stock Market & Financial Investment News

News Breaks
March 19, 2013
18:27 EDTPKYParkway Properties 11M share Spot Secondary priced at $17.25
The deal size was raised to 11M shares from 10M shares. BofA/Merrill and Wells Fargo acted as joint book running managers for the offering.
News For PKY From The Last 14 Days
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January 21, 2015
09:32 EDTPKYParkway Properties reports Q4 leasings of 936K square feet
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09:32 EDTPKYParkway Properties sees FY15 FFO $1.32-$1.42, consensus $1.43
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09:28 EDTPKYParkway Properties narrows 2014 recurring FFO view to $1.45-$1.47
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January 15, 2015
06:46 EDTPKYParkway Properties to host investor day
Investor day to be held on January 21 at 10 am. Webcast Link
January 14, 2015
15:19 EDTPKYChiquita exit could have upside for Parkway Properties, says Wells Fargo
Noting that the Charlotte Business Journal reported that Chiquita Brands plans to move its headquarters after being acquired, Wells Fargo said that the move could bring upside for the company's landlord, Parkway Properties. Wells believes Chiquita's lease runs through 2025 with current rents that are 10%-15% below market and that Parkway could drive NOI up if it find a new tenant for the space at a higher rent. Wells maintains its Outperform rating on Parkway Properties. Reference Link

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