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Stock Market & Financial Investment News

News Breaks
July 9, 2014
16:21 EDTQTSQTS Realty Trust acquires Sun Times press facility for about $18M
QTS Realty Trust announced that it has completed the acquisition of the former Sun Times Press facility, a 317,000 square foot building located on 30 acres in downtown Chicago, for approximately $18M. This transaction aligns with QTS' growth strategy of purchasing strategically located, infrastructure-rich, large-scale data center facilities at a low basis. The facility is located in the heart of Chicago's high-demand downtown corridor. QTS will have a strategic location and significant capacity to provide its unique 3C product platform of custom data center, colocation and cloud and managed services. QTS has initially financed this transaction through its revolving credit facility. The transaction closed on Tuesday, July 8.
News For QTS From The Last 14 Days
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February 26, 2015
10:00 EDTQTSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ASUR Airports (ASR) upgraded to Sector Perform from Underperform at Scotia Capital... AcelRx (ACRX) upgraded to Buy from Neutral at Mizuho... AllianceBernstein (AB) upgraded to Buy from Neutral at BofA/Merrill... American Express (AXP) upgraded to Buy from Hold at Deutsche Bank... Argus upgraded Sonoco (SON) on multiple positive catalysts... Columbia Property (CXP) upgraded to Neutral from Sell at Goldman... Deutsche sees American Express (AXP) as undervalued, upgrades to Buy... Eldorado Gold (EGO) upgraded to Neutral from Sell at Goldman... Genesee & Wyoming (GWR) upgraded to Buy from Neutral at BofA/Merrill... Gruma (GMK) upgraded to Overweight from Equal Weight at Barclays... Isle of Capri (ISLE) upgraded to Outperform from Neutral at Macquarie... JAKKS Pacific (JAKK) upgraded at B. Riley... QTS Realty Trust (QTS) upgraded to Buy from Hold at Deutsche Bank... Sonoco (SON) upgraded to Buy from Hold at Argus... T-Mobile (TMUS) upgraded to Buy from Neutral at Citigroup... Vulcan Materials (VMC) upgraded at RBC Capital.
07:00 EDTQTSQTS Realty Trust upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded QTS Realty Trust to Buy citing an improved risk profile following the company's equity offering and "strong" operating performance in Q4. It raised its price target for shares to $39 from $36.
February 25, 2015
05:47 EDTQTSQTS Realty Trust 9.35M share Secondary priced at $34.75
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February 23, 2015
06:15 EDTQTSQTS Realty Trust raises quarterly dividend to 32c per share from 29c per share
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06:14 EDTQTSQTS Realty Trust sees FY15 FFO $2.24-$2.34, consensus $2.32
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06:13 EDTQTSQTS Realty Trust reports Q4 FFO 55c, consensus 54c
Reports Q4 revenue $59.56M, consensus $59.64M. Reports Q4 reported NOI $39.8M.
06:12 EDTQTSQTS Realty Trust files to sell 8.7M shares of common stock
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