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CXP News and Press, Columbia Property Trust Inc. From 09/07/21

Stock Information

Company Name: Columbia Property Trust Inc.
Stock Symbol: CXP
Market: NYSE
Website: columbia.reit

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CXP - Hot Stocks: CXP gets bought; ELY raises guidance; YI buyback; VRTX downgrade; END makes purchase

A couple of multi-billion-dollar deals drew discussion on Wall Street during Tuesday's midday trading. Columbia Property Trust (NYSE:CXP) signed a deal to be acquired, while Enbridge (NYSE:ENB) announced a $3B purchase. Elsewhere, an increased forecast bolstered shares of Callaway Golf (NYSE:...

CXP - Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tuesday

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Welcome back, trader! It’s been a long holiday weekend but we’re jumping right back into the swing of things with a look at the pre-market stock movers for Tuesday! Source: f11photo/Shutterstock.com We...

CXP - Columbia Property Trust to Be Acquired by Funds Managed by Pacific Investment Management Company LLC in a $3.9 Billion Transaction

Columbia Shareholders to Receive $19.30 Per Share in Cash Columbia’s Board of Directors Oversaw an Extensive Strategic Alternatives Process to Maximize Shareholder Value Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has entered into a d...

CXP - What will a delayed return to the office mean for office REITs?

A new report from Bloomberg suggests that Apple will become the latest corporation to delay the return of its global workforce to the office (until at least January). Wells Fargo and Chevron have already postponed their September returns following an uptick in coronavirus cases, while Amazon ...

CXP - All Eyes On Fed As Reopenings Stall

U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...

CXP - State Of The REIT Nation

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...

CXP - Rents Paid, Dividends Raised

U.S. equity markets climbed to fresh record highs this past week as better-than-expected employment data eased some concern over threats of another potential wave of COVID-related economic restrictions. The U.S. economy added 942k jobs in July, while continuing jobless claims fel...

CXP - REIT Earnings Recap: Mega-Mergers And Roaring Rents

REIT earnings season has provided critical information on the state of the real estate industry - a much-needed check-in amid fears of a potential "fourth wave" of the COVID pandemic. Results were significantly better-than-expected with roughly 95% of equity REITs beating consensus FF...

CXP - Mandates, Inflation, And Earnings

U.S. equity markets were mixed this week as disappointing "big tech" earnings and concerns over controversial COVID vaccine and mask mandates were offset by historically strong earnings results from domestic-focused companies. Retreating from the record-highs set last week, ...

CXP - Columbia Property Trust, Inc. (CXP) CEO Nelson Mills on Q2 2021 Results - Earnings Call Transcript

Columbia Property Trust, Inc. (CXP) Q2 2021 Earnings Conference Call July 29, 2021 17:00 ET Company Participants Nelson Mills - President and Chief Executive Officer Jim Fleming - Chief Financial Officer Jeff Gronning - Chief Investment Officer Paul Teti - Head, Real Estate Operations Confere...

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