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Columbia Property Trust announced today that it has been named one of the 2021 Best Workplaces in New York by Fortune magazine and Great Place to Work®. Ranking #57, Columbia is a first-time honoree on this prestigious list, which recognizes companies based on analysis of s...
U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...
Columbia Property Trust, Inc. (NYSE: CXP) plans to release its results for the period ending June 30, 2021, after the market closes on Thursday, July 29, 2021. The Company will broadcast a live audio webcast and conference call later that day at 5:00 p.m. ET. Live Webcast: ...
U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...
U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...
U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...
Columbia Property Trust has had an interesting past few years, especially with the COVID-19 pandemic. The company could see a turnaround, in which case financial performance should improve markedly over time. But, even in that case, shares of the enterprise don't look cheap, and t...
U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...
Vaccines are here, masks are off, and sports stadiums are full. Office desks around the country remain eerily empty, however, as office utilization rates remain a fraction of pre-COVID levels. For many corporations, there's no going back - at least not to pre-COVID norms. Survey data ...
Shares of Columbia Property Trust Inc. (NYSE:CXP) traded today at $19.00, eclipsing its 52-week high. This new high was reached on below average trading volume as 103,000 shares traded hands, while the average 30-day volume is approximately 605,000 shares. In the past 52 weeks, shares of...
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Columbia Property Trust, Inc. (NYSE: CXP) today announced that it expects to complete its previously announced merger (the “Merger”) with affiliates of funds managed by Pacific Investment Management Company LLC (“PIMCO”) on or around December 8, 2021. The com...
NEW YORK, NY / ACCESSWIRE / November 22, 2021 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New ...
Newrez, a national mortgage lending and servicing organization, takes two full floors ahead of construction completion this October Columbia Property Trust, Inc. (NYSE: CXP) announced today that it has secured a lease for two full floors at 799 Broadway , its highly anti...