Stocks End Two-Day Advance; CBRE Bucks Weakness
at Investor's Business Daily - 1 hr 42 mins ago
Stocks fell for the first time in three sessions Tuesday amid a round of mixed economic reports. The Nasdaq and the S&P fell 0.9% each. The latter fell back below its 50-day moving average. Meanwhile, the Dow Jones industrial average slumped 1.1%,...
SIGM: 8.03 (-0.09), MU: 27.13 (+0.45), AYI: 168.16 (-4.41), ICON: 33.67 (-2.72), CBG: 38.71 (+2.30), QRVO: 79.70 (-1.70), MON: 112.54 (-0.84), JCI: 50.44 (+0.61)
Highly Rated CBRE Stock Jumps On Acquisition News
at Investor's Business Daily - Tue Mar 31, 11:35AM CDT
Highly rated CBRE Group (CBG) shot up Tuesday after the company announced that it has agreed to acquire Johnson Controls' (JCI) workplace solutions unit for $1.475 billion. The property manager expects the Global WorkPlace Solutions (GWS) business,...
CBG: 38.71 (+2.30), JCI: 50.44 (+0.61)
Rally Attempt Stalls; Stocks Trade Lower At Midday
at Investor's Business Daily - Tue Mar 31, 10:57AM CDT
Stocks were down moderately at midday Tuesday as an attempt to rally off morning lows stalled. Volume was tracking lower than Monday's pace. The Nasdaq and the S&P 500 lost 0.4% while the Dow Jones industrial average fell 0.5%. Among IBD 50 stocks,...
AMBA: 75.71 (+1.10), CBG: 38.71 (+2.30), ECHO: 27.26 (-1.74), CBM: 39.63 (+4.04), GRUB: 45.39 (-0.84), SKX: 71.91 (+0.48), JCI: 50.44 (+0.61)
CBRE Pays $1.5 Billion for Johnson Controls' Property Management Unit
at The Street - Tue Mar 31, 10:28AM CDT
The deal includes a 10-year agreement in which Johnson Controls will be the preferred provider of HVAC equipment and building automation systems to CBRE's 5 billion-square-foot real estate portfolio.
CBG: 38.71 (+2.30), JCI: 50.44 (+0.61)
Stocks Slip At Starting Bell; CBRE Group Pops On Johnson Deal
at Investor's Business Daily - Tue Mar 31, 9:40AM CDT
Stocks got off to a weak start Tuesday, despite some positive company news and consumer confidence numbers. The Dow Jones industrial average and the Nasdaq shed 0.5% each. The S&P 500 dipped 0.4%. Volume was soft, down 18% on the Nasdaq and just 1%...
NOAH: 23.38 (+0.17), UA: 80.75 (+0.84), CBG: 38.71 (+2.30), CHTR: 193.11 (+9.72), AVGO: 126.98 (-3.57), THRM: 50.51 (+0.57), JCI: 50.44 (+0.61)
CBRE Group (CBG) Is Today's Strong On High Volume Stock
at The Street - Tue Mar 31, 9:07AM CDT
Trade-Ideas LLC identified CBRE Group (CBG) as a strong on high relative volume candidate
CBG: 38.71 (+2.30)
CBRE Group (CBG) Stock Gains Today on $1.5 Billion Workplace Solutions Unit Purchase
at The Street - Tue Mar 31, 8:55AM CDT
CBRE Group (CBG) shares are rising after the company purchased Johnson Controls' (JCI) global workplace solutions business for $1.5 billion.
CBG: 38.71 (+2.30)
CBRE buying Johnson Controls' real estate unit for $1.475B
Seeking Alpha - at Seeking Alpha - Tue Mar 31, 6:46AM CDT
CBG: 38.71 (+2.30)
CBRE Group, Inc. Enters into Definitive Agreement to Acquire the Global Workplace Solutions Business of Johnson Controls, Inc.
Business Wire - Tue Mar 31, 6:00AM CDT
CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into a definitive agreement to acquire the Global WorkPlace Solutions (GWS) business of Johnson Controls, Inc. (NYSE:JCI). GWS is a market-leading provider of Integrated Facilities Management solutions for major occupiers of commercial real estate and has significant operations around the world. The purchase price is $1.475 billion, payable in cash, or $1.3 billion net of the present value of estimated tax benefits, and with customary post-closing adjustments for working capital and other items.
CBG: 38.71 (+2.30), JCI: 50.44 (+0.61)
Jones Lang (JLL) Downgraded to Hold on Market Headwinds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 26, 3:30PM CDT
On Mar 26, Zacks Investment Research downgraded Jones Lang (JLL) to a Zacks Rank #3 (Hold).
JLL: 170.40 (+1.29), CBG: 38.71 (+2.30), REIS: 25.64 (-1.89), LMRK: 18.19 (+0.28)
Kennedy Wilson Prices Offering of 7.5M Common Shares - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 25, 9:20AM CDT
Kennedy Wilson (KW) priced an underwritten offering of 7.5 million shares of its common stock at $25.55 per share.
JLL: 170.40 (+1.29), CBG: 38.71 (+2.30), KW: 26.14 (-0.09), LMRK: 18.19 (+0.28)
CBRE Group (CBG) Scales New 52-Week High: Time to Buy? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 24, 8:40AM CDT
We expect CBRE Group to benefit from strategic buyouts, improvement in leasing, property sales and outsourcing business. Also, the company currently carries a Zacks Rank #2 (Buy).
JLL: 170.40 (+1.29), CBG: 38.71 (+2.30), ESS: 229.90 (-4.19), EQR: 77.86 (-1.04)
CBRE's Debt Ratings Upgraded by Moody's: Time to Hold? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 11:00AM CDT
Ushering in good news for its shareholders, CBRE Group, Inc. (CBG) revealed that its debt ratings were raised to investment grade by Moody's Investors Service.
CBG: 38.71 (+2.30), REIS: 25.64 (-1.89), KW: 26.14 (-0.09), LMRK: 18.19 (+0.28)
The Best Large Cap Stocks To Buy This Week
Todd Campbell - at Seeking Alpha - Thu Mar 12, 8:35AM CDT
OCR: 77.06 (-0.79), CAH: 90.27 (-0.53), SLG: 128.38 (-1.17), AET: 106.53 (-2.04), HSP: 87.84 (+0.12), VLO: 63.62 (-0.14), PNC: 93.24 (-0.61), HSIC: 139.62 (-1.22), HAS: 63.24 (+0.67), SWKS: 98.29 (-1.84), MCHP: 48.90 (-0.99), HRL: 56.85 (-0.51), NXPI: 100.36 (-2.07), BA: 150.08 (-2.62), COL: 96.55 (-0.44), COO: 187.42 (-1.67), NVDA: 20.92 (-0.55), LVLT: 53.84 (-0.63), AZO: 682.16 (-7.22), EQIX: 232.85 (-1.37), SIAL: 138.25 (-0.16), RJF: 56.78 (-0.66), FSL: 40.76 (-0.72), ASH: 127.31 (-1.40), BIIB: 422.24 (-9.38), BDX: 143.59 (-2.05), ACT: 297.62 (-7.14), CCK: 54.02 (+0.35), AON: 96.12 (-1.98), WSM: 79.71 (+0.60), CDW: 37.24 (-0.51), ADBE: 73.94 (+0.34), TSCO: 85.06 (-1.51), AGN: 240.22 (+2.88), DPS: 78.48 (-1.19), MDVN: 129.07 (-4.87), ANTM: 154.41 (-2.44), APH: 58.93 (+0.16), Q: 66.97 (-1.03), AGU: 104.27 (-2.72), FL: 63.00 (-0.61), XSD: 87.68 (-1.05), APD: 151.28 (-2.52), ABT: 46.33 (-0.75), CBG: 38.71 (+2.30), KR: 76.66 (-0.58), ORLY: 216.24 (-3.14), DIS: 104.89 (-1.23), GLW: 22.68 (-0.56), MAR: 80.32 (-1.18), DISH: 70.06 (-0.72), VRSN: 66.97 (-0.02), CTAS: 81.63 (-1.11), PLL: 100.39 (-1.24), SUNE: 24.00 (-0.19), TDG: 218.72 (-1.11), CMCSA: 56.47 (-0.14), CRM: 66.81 (-0.04)
CBRE now investment-grade at Moody's
Seeking Alpha - at Seeking Alpha - Wed Mar 11, 8:15AM CDT
CBG: 38.71 (+2.30)
CBRE Group, Inc. Announces Moody's Upgrade of Debt Ratings to Investment Grade
Business Wire - Wed Mar 11, 8:00AM CDT
CBRE Group, Inc. (NYSE:CBG) today announced that Moody's Investors Service has raised the Company's senior secured bank credit facility and senior unsecured ratings to Investment Grade (Baa3), with a stable outlook.
CBG: 38.71 (+2.30)
CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for March
Business Wire - Tue Mar 10, 4:38PM CDT
The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) (the "Fund"
CBG: 38.71 (+2.30), IGR: 8.95 (-0.08)
CBRE Leads Global Commercial Property Investment Sales Activity for Fourth Consecutive Year
Business Wire - Tue Mar 10, 8:00AM CDT
CBRE Group, Inc. (NYSE:CBG) was the top-ranked firm for commercial real estate investment sales throughout the world during 2014, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the four years that RCA has published global rankings.
CBG: 38.71 (+2.30)
CBRE Group, Inc. Named a 2015 World's Most Ethical Company for Second Straight Year
Business Wire - Mon Mar 09, 7:15AM CDT
CBRE Group, Inc. (NYSE:CBG) has been recognized as a 2015 World's Most Ethical Company(R) by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance. This is the second year in a row CBRE has been recognized by the Ethisphere Institute.
CBG: 38.71 (+2.30)
WSJ: CBRE set to buy Johnson Controls' corporate real estate unit
Seeking Alpha - at Seeking Alpha - Thu Mar 05, 4:06PM CST
CBG: 38.71 (+2.30), JCI: 50.44 (+0.61)