UNIT News and Press, Uniti Group Inc. From 07/27/23

2023-07-27 10:00:00 ET Summary Cell Tower REITs have been the weakest-performing property sector since the start of 2022 - lagging even the battered office sector - amid a telecommunications industry-wide slump inflamed by tight monetary conditions. Cellular carriers have curbed t...

2023-07-26 17:22:07 ET Summary Uniti Group Inc., a REIT specializing in infrastructure for the communications industry, has seen its stock value decrease by 42% over the past year. We like the long-term prospects of fiber and how Uniti is positioned to improve in this space. F...

LITTLE ROCK, Ark., July 26, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that its President and Chief Executive Officer, Kenny Gunderman, is scheduled to present at the TD Cowen 9 th Annual Communications Infrastructure Summit. The presentat...

LITTLE ROCK, Ark., July 25, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it has signed a long-term contract with a prominent global internet provider, offering long-haul dark fiber connectivity across two key U.S. routes that connects 12 ci...

2023-07-18 09:15:46 ET Summary The broad S&P500 edged up 1.2% in June, while the Dow Jones rose slightly by 0.8% during the month. Investment activity in June picked up significantly from May, with net investments totaling around $2,200, primarily targeted towards the financia...

2023-07-06 08:05:00 ET Summary REITs crashed due to rising interest rates. Therefore, REITs should recover as rates return to lower levels. We highlight two REITs to potentially double in the coming years. REITs ( VNQ ) crashed over the past year because of one p...

LITTLE ROCK, Ark., June 29, 2023 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti”) (Nasdaq: UNIT) announced today that it will report its second quarter 2023 financial results prior to the opening of trading on the Nasdaq Stock Exchange on August 3, 2023. A conference call to discuss t...

2023-06-14 09:10:00 ET Summary US stocks ended May with solid gains and extended their strong performance into June, boosted by positive labor market data and the debt ceiling bill's progress. My investment activity in May picked up slightly from April, with net investments totali...

2023-06-01 09:00:26 ET Summary Rates Up, REITs Down? Whether fundamentally justified or not, commercial and residential real estate markets continue to bear the brunt of the Federal Reserve's historically swift monetary tightening cycle. Commercial real estate, in particular, has ...

2023-05-27 08:05:00 ET Summary Billionaire Charlie Munger recently warned investors. He said that commercial real estate is facing severe challenges. We discuss the implications for REITs. Recently, I wrote an article entitled " Billionaire Investor Says 'Buy REI...