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News Breaks
May 9, 2014
06:57 EDTTGHTextainer downgraded to Neutral from Buy at Sterne Agee
Sterne Agee downgraded Textainer due to valuation and lack of catalysts.
News For TGH From The Last 14 Days
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July 15, 2014
09:02 EDTTGHTextainer acquires 7,600 TEU of managed containers for $9.4M
Textainer Group Holdings Limited announced that it acquired approximately 7,600 TEU of standard dry freight and refrigerated containers from its managed fleet for approximately $9.4M. “We are pleased to purchase additional containers from our managed fleet as we continue to grow our overall fleet and increase the percentage we own,” stated Philip K. Brewer, President and CEO of Textainer. “This transaction increases the owned portion of our fleet to 77% up from 59% at the start of 2012. The acquired containers are seasoned income producing assets which we expect will be immediately accretive to earnings and contribute to long-term growth in shareholder value,” concluded Mr. Brewer.
July 10, 2014
10:05 EDTTGHOn The Fly: Analyst Initiation Summary
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July 9, 2014
17:48 EDTTGHTextainer initiated with a Neutral at Macquarie
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