UBS Reiterates Sell on Education Realty Trust (EDR) Following Announced Equity Deal

EdR Announces Pricing of Upsized Common Stock Offering

November 2, 2015 7:29 PM EST

MEMPHIS, Tenn.--(BUSINESS WIRE)-- EdR (NYSE: EDR) today announced that it has priced its upsized public offering of 7.0 million shares of its common stock at a price to the public of $35.00 per share. The company has also granted the underwriters a 30-day option to purchase up to 1,050,000 additional shares of common stock, at the price to the public less the underwriting discount. Subject to customary conditions, the offering is expected to close on or about November 6, 2015. The net proceeds to the company, after deducting the underwriting discount and other estimated offering expenses, are expected to... More

Endeavour Silver Reports Financial Results for Third Quarter, 2015; Conference Call at 11am PST (2pm EST) on November 2, 2015

November 2, 2015 6:59 AM EST

VANCOUVER, BC -- (Marketwired) -- 11/02/15 --

Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) released today its financial results for the third quarter ended September 30, 2015. Endeavour owns and operates three underground silver-gold mines in Mexico: the Guanaceví mine in Durango state and the Bolañitos and El Cubo mines in Guanajuato state.

The Company's financial performance in the Third Quarter, 2015 reflects higher revenue and cash flow but lower net earnings compared to both the Second Quarter, 2015 and the Third Quarter, 2014.... More

EdR Announces Third Quarter 2015 Results

November 2, 2015 6:35 AM EST

- Same-Community NOI Growth of 7% -

- Increases 2015 Guidance -

MEMPHIS, Tenn.--(BUSINESS WIRE)-- EdR (NYSE: EDR), one of the nations largest developers, owners and managers of high-quality collegiate housing communities, today announced results for the quarter ended September 30, 2015.

Company Highlights

Core funds from operations (Core FFO) declined 2.0% for the third quarter with Core FFO per share/unit down 3.2% or $0.01 from prior year. Excluding a $3 million guarantee fee recognized in the prior year, Core FFO and Core FFO per... More

EdR Announces Offering of 6.5 Million Shares of Common Stock

November 2, 2015 6:21 AM EST

MEMPHIS, Tenn.--(BUSINESS WIRE)-- EdR (NYSE: EDR) today announced that it plans to sell 6.5 million shares of its common stock in an underwritten public offering. The company also plans to grant the underwriters a 30-day option to purchase up to 975,000 additional shares of common stock. BofA Merrill Lynch, KeyBanc Capital Markets and RBC Capital Markets are serving as joint book-running managers for the offering.

The company intends to use the net proceeds to reduce amounts outstanding under its unsecured revolving credit facility or for general corporate purposes, which may include funding its development pipeline or... More