Zacks Industry Outlook Highlights: American Tower, CoreCivic, Prologis and PS Business Parks
We updated our research report on Simon Property Group, Inc. (SPG) on May 15.
Corporate Office Properties Trust (OFC) has accomplished two long-term lease deals with a subsidiary of an investment-grade company.
Armada Hoffler Properties, Inc. (AHH) announced the closing of the public offering of 6.9 million common shares at a price of $13 per share.
Terreno Realty Corporation (TRNO) announced the acquisition of an industrial property in Washington, D.C. on May 10.
Terreno Realty Corporation (TRNO) announced the acquisition of six adjacent properties located in Carlstadt, NJ on May 10.
Weak fundamentals, including declining same-store net operating income growth, fall in occupancy and tenant bankruptcies resulted in DDR's rating downgrade.
We expect PS Business Parks' portfolio repositioning efforts to help it achieve a better portfolio mix going forward.
The acquisitions have upgraded the company???s U.S. South portfolio and placed it well to benefit from the ongoing U.S. housing recovery as well as the rise in U.S. lumber production.
Telecom Stock Roundup: Strong Q1 for Comcast, Charter Communications Disappoints, Mixed Bag for Sprint
The telecom industry witnessed a pretty unremarkable week with earnings being the sole highlight.
The telecom space was predominantly buzzing with earnings news last week.
American Tower (AMT) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
American Tower Corp. (AMT) is slated to report first-quarter 2017 results before the opening bell on Apr 27.
Crown Castle International Corp. (CCI) is scheduled to report first-quarter 2017 financial numbers on Apr 24, after market close.