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Stock Market & Financial Investment News

News Breaks
July 14, 2014
17:15 EDTRAS, IRTIndependence Realty Trust says RAIT may buy up to $5M in shares
Earlier, Independence Realty Trust (IRT) announced that it has commenced an underwritten public offering of 6M shares of common stock. The company expects to grant the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock. Independence Realty Trust noted that, "RAIT Financial Trust (IRT) may purchase up to $5M in shares of common stock in the proposed offering at the public offering price; however, RAIT is under no obligation to purchase any shares in the offering." Shares of RAIT Financial Trust are lower by 1.1% in after hours trading.
News For RAS;IRT From The Last 14 Days
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August 1, 2014
07:47 EDTIRTIndependence Realty Trust reports Q2 CFFO 19c, consensus 20c
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July 31, 2014
07:46 EDTRASRAIT Financial reports Q2 cash availble for distribution 24c, consensus 28c
Reports Q2 revenue $73.3M, may not compare to consensus $34.91M.
July 28, 2014
10:31 EDTRASRAIT Financial initiated with a Market Perform at Keefe Bruyette (pre-open)
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