Markets
DOC

Financial Sector Update for 04/06/2015: O, DOC

An image of a pen on a stock chart
Credit: Shutterstock photo

Top Financial Stocks:

JPM: -1.27%

BAC: -1.09%

WFC: -1.03%

C: -1.00%

USB: flat

Financial shares tumbled in pre-market trade Monday after a disappointing jobs report Friday.

In financial stocks news, Realty Income ( O ) shares were down 1.6% in recent pre-market trade after the real estate company said it has started an underwritten public offering of 5 million shares in conjunction with its inclusion in the S&P 500 Index, expected to occur after the close of trading n April 6.

Realty Income said it plans to use net proceeds to repay borrowings under its $1.5 billion acquisition credit facility, which is generally used to fund real estate acquisitions.

And, Physicians Realty Trust ( DOC ) declared a quarterly cash dividend of $0.225 per common share for the quarter ending March 31, 2015, which is in line with the previous dividend. The company said it has invested $234 million through nine acquisitions of 23 properties.

DOC trades in a 52-week range of $12.39 to $18.12 with shares having closed down slightly Friday at $17.62.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

DOC O

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More