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Stock Market & Financial Investment News

News Breaks
January 15, 2013
06:19 EDTRASRAIT Financial upgraded to Outperform from Market Perform at FBR Capital
FBR Capital upgraded RAIT Financial citing management's efforts to return the company to profitability and stabilize cash flows. The firm raised its price target for shares to $8 from $5.50.
News For RAS From The Last 14 Days
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October 30, 2014
08:13 EDTRASRAIT Financial reports Q3 investment in mortgages, loans up 22%
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08:11 EDTRASRAIT Financial reports Q 3EPS (28c), may not compare to consensus 16c
Reports Q3 revenue $75.3M, consensus $35.83M. Reports Cash Available for Distribution per share was 0c for the quarter ended September 30 as a result of the previously announced SEC settlement charge pertaining to Taberna Capital Management of $21.5M or 26c.

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