SL Green Realty (SLG) Tops Q4 EPS by 1c

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S&P Upgrades SL Green Realty (SLG) to 'BBB-'; Outlook Stable

January 29, 2016 2:39 PM EST

Standard & Poor's Ratings Services raised its corporate credit rating on SL Green Realty Corp. (NYSE: SLG) to 'BBB-' from 'BB+'. The outlook is stable.

At the same time, we affirmed our 'BBB-' unsecured issue-level ratings and withdrew the '2' recovery rating.

The upgrade reflects our expectation that SL Green will use proceeds from asset sales to repay debt and continue to benefit from modest demand and disciplined supply growth in the Manhattan... More

SL Green Realty (SLG) Sees Heavy Mid-Day Selling Pressure

January 28, 2016 3:21 PM EST

SL Green Realty (NYSE: SLG) moving to the lows of the deal following earnings after the close. Shares are down 7.3%. Comments from the company's conference call contributed to the decline.

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