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Checking In With Easterly, The REIT IPO That Debuted On A Bad Day For Real Estate
Monday, February 9, 2015 - 2:40pm | 825On February 6, 2015 shares of Easterly Government Properties, Inc. (NYSE: DEA) began to trade for the first time, closing the day at $15.50 per share on volume of just under 3,500,000 shares. According to industry reports there were 12,000,000 shares authorized, with an underwriter...
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Just What They Needed: Google Gets An Airfield
Tuesday, February 11, 2014 - 3:18pm | 463You know a company is large when the federal government chooses it to run and maintain a federal airfield. On Monday, the General Services Administration (GSA) and NASA announced they selected a Google (NASDAQ: GOOG) subsidiary, Planetary Ventures LLC, to run and regulate Moffett Federal...
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Windstream Communicates Weak First Quarter
Thursday, May 9, 2013 - 11:20am | 383Windstream (NASDAQ: WIN) is down on Thursday after missing first-quarter estimates. The Little Rock-based firm's EPS declined 10 percent year-over-year to $0.09, falling short of expectations of $0.11. Revenue dropped two percent to $1.5 billion, just shy of the $1.53 billion Wall Street...
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Obama Forces GSA to Renegotiate Leases with Landlords Nationwide
Monday, June 14, 2010 - 6:00am | 728At the end of last week, President Obama signed a memo aimed at forcing GSA entities to reign in over $8 billion in building costs collectively by the end of 2012. We all know the Washington D.C. office market is subject to, and at the mercy of, the whims of the government, but...