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U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...
As part of its ongoing commitment to providing safe and healthy workplaces, Columbia certifies initial half of its portfolio through WELL’s rigorous COVID-19 response program Remainder of portfolio to be certified through Fitwel by year end Columbia Property...
NEW YORK, NY / ACCESSWIRE / September 14, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Columbia Property Trust, Inc. (NYSE:CXP) concerning potential violations of the federal securities laws and/or breaches of fiducia...
Sanofi makes a second purchase just six weeks after its $2 billion deal for Translate Bio. Potential deal in the works, Columbia Property Trust comes to fruition. Macquarie Infrastructure Partners completes the acquisition of Cincinnati Bell. For further details see: Mer...
U.S. equity markets posted their biggest weekly declines since mid-June amid mounting worries that economic growth has hit a soft patch and continued dislocations and inflation throughout global supply chains. Declining in all four trading sessions of the choppy holiday-shortened week...
Columbia Property Trust announced Tuesday it has entered into an agreement to be acquired by funds managed by PIMCO for $3.9B or $19.30/share in cash. The offer represents a 27% premium over March 12, 2021 closing price. CXP's shares have consistently traded above $21 leading up to th...
Evercore ISI analyst Steve Sakwa upgrades Paramount Group (PGRE +1.5%) to In Line from Underperform in light of recent leasing updates, the recently announced acquisition of Columbia Property Trust by Pimco, and PGRE's "sharply lagging stock price." The Columbia Property acquisition of $19.30...
Real estate investment trusts, or REITs, aren't exactly known for their large price swings, but that's exactly what we're seeing with office REIT Columbia Property Trust (NYSE: CXP) . As of 2 p.m. EDT Tuesday, Columbia Property Trust shares were higher by about 15%. There is a c...
Gainers: Alset EHome International (NASDAQ:AEI) +19%. KE Holdings (NYSE:BEKE) +16%. Columbia Property Trust (NYSE:CXP) +15%. China Finance Online (NASDAQ:JRJC) +11%. Losers: Hudson Capital (NASDAQ:HUSN) -13%. Washington Prime Group (NYSE:WPG) -12%. United Insurance Holdings (NASDAQ:UIHC) -9%....
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:...
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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...