5 Stocks in the News For Monday August 8, 2014
Cousins Properties (CUZ) has signed 77, 302 square feet worth of leases at 101 Peachtree Tower in Atlanta, Georgia. The building is now 92% leased. This is the highest level of leased areas for Cousins in the building since it was purchased in 2006. The stock rose 6.89% for the month.
CBS Corporation (CBS) announced the redemption of its 8.875% senior notes, due May 19, 2019. The redemption date will be on September 20, 2014. The stock dropped 0.05% in Friday’s trading.
Layne Christensen Company (LAYN) will announce its earnings on September 9th. The company is expected to report $0.49 earnings per share and a revenue of $217.17 million. Return on investment has been -30.90% and its stock performance year to date has been -35.36%
Leerink Swann cut estimates for Dicerna (DRNA) Pharmaceuticals from $48 per share to $42. However, the estimates still have a target of a 212% upside for the stock.
China-based Ctrip announced it is acquiring the Celebrity Century from Royal Caribbean Cruises (RCL). On Friday, the stock rose 1, 84% to $66.98 and is 0.93% away from its 52-week high.
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