Financial Results and Corporate Announcements of Diversified Companies - Research Report on American Tower, Starwood, Brandywine, Lexington, and Capstead Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, July 31, 2013 NEW YORK, July 31, 2013 /PRNewswire/ -- Today, Investors' Reports announced new research reports highlighting American Tower Corporation (NYSE: AMT), Starwood Property Trust, Inc. (NYSE: STWD), Brandywine Realty Trust (NYSE: BDN), Lexington Realty Trust (NYSE: LXP), and Capstead Mortgage Corp. (NYSE: CMO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. American Tower Corporation Research Report On July 15, 2013, American Tower Corporation (American Tower) has released information about its business in relation to AT&T's planned acquisition of Leap Wireless. According to the Company, AT&T and Leap Wireless accounted for approximately 17% and 2%, respectively, of the Company's consolidated operating revenues for Q1 2013. American Tower also informed that presently the Company has separated leases for antenna space with AT&T and Leap Wireless on the same site at approximately 1,066 communications sites owned or operated by American Tower. The Company further stated that the average remaining non-cancellable current lease term on these sites with AT&T and Leap Wireless is nearly 7 years. The Full Research Report on American Tower Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/AMT] -- Starwood Property Trust, Inc. Research Report On July 18, 2013, Starwood Property Trust, Inc. (Starwood) announced that it has initiated a $140 million first mortgage loan on the Phelan Building with Thor Equities as the sponsor. The 11-story, 300,000 sq. ft. mixed use building located in San Francisco's Union Square area includes nearly 250,000 sq. ft. of office space and 50,000 sq. ft. of retail space. Boyd Fellows, President of the Company, said, "We are pleased to provide this transitional capital to help further the sponsor's plan to reposition one of San Francisco's most historic buildings to meet the needs of the City's high profile technology firms and other businesses seeking truly creative office space. It is our capacity to quickly deliver customized loan solutions that sets us apart from our competitors." The Full Research Report on Starwood Property Trust, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/STWD] -- Brandywine Realty Trust Research Report On July 24, 2013, Brandywine Realty Trust (Brandywine) reported its financial results for Q2 2013. Revenue increased 6.9% YoY to $140.9 million. Net income attributable to common shareholders was $5.3 million or $0.03 per diluted share, compared to $1.5 million or $0.01 per diluted share in Q2 2012. Commenting on the news, Gerard H. Sweeney, President and CEO of Brandywine, said, "Our performance in the second quarter was quite strong. Same store growth rates, lease rates, mark-to-market on rents, tenant retention, pipeline activity and overall positive absorption all exceeded or met key 2013 business plan metrics, and reinforce improving conditions in the general office segment and our portfolio in particular. We had good sales activity on several smaller, non-core assets confirming the continued firming of the transaction market and bringing our year-to-date sales to $176.6 million or 80% of our 2013 target." The Full Research Report on Brandywine Realty Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/BDN] -- Lexington Realty Trust Research Report On July 16, 2013, Lexington Realty Trust (Lexington) announced that it would release its Q2 2013 financial results on the morning of August 7, 2013. A teleconference will be conducted on the same day at 11:00 a.m. ET. After the completion of the call, a replay will be available through August 21, 2013, until 12:00 a.m. ET on the Company's website under the Investor Relations link. The Full Research Report on Lexington Realty Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/LXP] -- Capstead Mortgage Corp. Research Report On July 24, 2013, Capstead Mortgage Corp. (Capstead) reported its Q2 2013 financial results. The Company's net income was $29.9 million or $0.04 per diluted share, down compared to net income of $43.3 million or $0.40 per diluted share in Q2 2012. Andrew F. Jacobs, President and CEO of Capstead, said, "The second quarter was also notable for an abrupt shift in the market to significantly higher long-term interest rates in large part due to concerns regarding the timing of the Federal Reserve reducing and ultimately ending its bond buying program. While we are not immune to this volatility, pricing for our portfolio of short-duration and well-seasoned ARM securities has held up reasonably well compared to pricing for longer duration ARM or fixed-rate mortgage securities. Consequently, we experienced a relatively modest book value decline through quarter-end of 3.8%, or $0.52 per common share, related to our portfolio net of interest rate hedges and other operational factors." The Full Research Report on Capstead Mortgage Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/CMO] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. InvestorsReports.com SOURCE Investors' Reports Contact: CONTACT PERSON: Kristi Saunders - CONTACT PHONE: +1-315-982-6420 (North America)
Financial Results and Corporate Announcements of Diversified Companies - Research Report on American Tower, Starwood,
Press spacebar to pause and continue. Press esc to stop.