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Stock Market & Financial Investment News

News Breaks
July 14, 2014
17:15 EDTIRT, RASIndependence 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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May 1, 2015
08:07 EDTIRTIndependence Realty Trust reports Q1 core FFO 19c, consensus 20c
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April 30, 2015
08:14 EDTRASRAIT Financial backs FY15 CAD per share view $1.02-$1.20, consensus $1.04
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08:14 EDTRASRAIT Financial reports Q1 CAD per share 19c, consensus 24c
Reports Q1 revenue $75.9M vs. $67.3M last year. Reports Cash Available for Distribution per share was 19c, compared to 22c for the quarter ended March 31, 2014.

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