Breaking News Instant updates and real-time market news.

IRM

Iron Mountain

$34.51

-0.29 (-0.83%)

06:51
03/20/19
03/20
06:51
03/20/19
06:51

Iron Mountain, MakeSpace announce partnership for storage services

MakeSpace, an on-demand storage company, and Iron Mountain announced a new partnership to bring consumer storage services to 24 markets. As a part of this transaction, Iron Mountain will join a $30M financing round for MakeSpace, and MakeSpace will acquire Stashable, Iron Mountain's full-service, valet consumer storage business. This partnership combines MakeSpace's technology platform for consumer storage with Iron Mountain's storage, transportation and logistics operations. Additionally, MakeSpace will become a storage customer of Iron Mountain and deliver an initial 2.1M cubic feet of consumer storage. By providing financial and operational resources, this strategic partnership with Iron Mountain will help MakeSpace immediately scale to 20 new markets, bringing the company's total footprint to 24 markets. Iron Mountain's network of facilities and operational resources give MakeSpace the opportunity to bring its technology to new markets without the time and capital investment required. Iron Mountain's capabilities will accelerate operational efficiencies for MakeSpace's existing storage service locations in New York City, Chicago, Washington, D.C. and Los Angeles, as well as position MakeSpace to scale into new markets in the future.

IRM Iron Mountain
$34.51

-0.29 (-0.83%)

09/20/18
BREN
09/20/18
INITIATION
Target $52
BREN
Buy
Iron Mountain initiated with a Buy at Berenberg
Berenberg analyst Nate Crossett started Iron Mountain with a Buy rating and $52 price target.
10/26/18
STFL
10/26/18
DOWNGRADE
Target $34
STFL
Hold
Iron Mountain downgraded to Hold from Buy at Stifel
Stifel analyst Shlomo Rosenbaum downgraded Iron Mountain to Hold and lowered his price target for the shares to $34 from $39. The company's core volume declines make it tough to disprove the "melting ice cube" narrative, Rosenbaum tells investors in a post-earnings research note. Data center is just 8% of Iron Mountain's EBITDA and going to 10% in two years, making it tough to position the company "as a poor man's data center play," the analyst contends. Rosenbaum struggles to see what will drive the stock up from here in a rising interest rate environment.
11/20/18
11/20/18
INITIATION
Target $34

Neutral
Iron Mountain initiated with a Neutral at BofA/Merrill
BofA/Merrill analyst Michael Funk initiated Iron Mountain with a Neutral with a $34 price target saying valuation reflects volume headwinds and strategic shifts. Funk believes Iron Mountain's execution is a primary catalyst and stabilizing volumes are needed for shares to move higher.
02/20/19
MUFG
02/20/19
NO CHANGE
Target $37
MUFG
Neutral
Iron Mountain price target raised to $37 from $33 at MUFG
MUFG analyst Karin Ford raised her price target for Iron Mountain to $37 following the company's Q4 report. Following 150 basis points of deceleration in organic storage revenue growth in 2018, management hopes to stabilize the core paper business in 2019 at 2.1% while the faster-growing data center segment becomes a bigger piece of the pie, Ford tells investors in a post-earnings research note. The analyst expects Iron Mountain's normalized FFO growth to "hold steady" at 4%-5% in 2019 and she keeps a Neutral rating on the shares.

TODAY'S FREE FLY STORIES

GTT

GTT Communications

$6.80

-0.22 (-3.13%)

10:10
11/13/19
11/13
10:10
11/13/19
10:10
Recommendations
GTT Communications analyst commentary  »

BWS drops coverage of GTT…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Dec

ELS

Equity Lifestyle

$67.50

0.25 (0.37%)

, DRE

Duke Realty

$34.68

0.26 (0.76%)

10:09
11/13/19
11/13
10:09
11/13/19
10:09
Conference/Events
BMO Capital to host company meetings at conference »

BMO Capital Markets…

ELS

Equity Lifestyle

$67.50

0.25 (0.37%)

DRE

Duke Realty

$34.68

0.26 (0.76%)

DLR

Digital Realty

$116.21

0.05 (0.04%)

IRET

Investors Real Estate

$73.43

-0.21 (-0.29%)

MNR

Monmouth Real Estate

$14.76

0.03 (0.20%)

STOR

Store Capital

$39.23

0.235 (0.60%)

REG

Regency Centers

$64.78

-0.03 (-0.05%)

HT

Hersha Hospitality

$13.90

-0.17 (-1.21%)

HR

Healthcare Realty Trust

$31.81

0.37 (1.18%)

LSI

Life Storage

$106.33

0.48 (0.45%)

NHI

National Health Investors

$79.52

0.3 (0.38%)

AFIN

American Finance Trust

$14.53

-0.11 (-0.75%)

BXP

Boston Properties

$135.53

-0.09 (-0.07%)

CTRE

CareTrust REIT

$19.55

-0.18 (-0.91%)

CUBE

CubeSmart

$30.67

0.34 (1.12%)

OHI

Omega Healthcare

$41.40

0.22 (0.53%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

  • 20

    Nov

  • 21

    Nov

  • 26

    Nov

  • 03

    Dec

  • 04

    Dec

  • 04

    Dec

  • 05

    Dec

  • 09

    Dec

  • 12

    Dec

  • 28

    Jan

OXY

Occidental Petroleum

$38.13

-0.31 (-0.81%)

, EC

Ecopetrol

$18.05

-0.22 (-1.20%)

10:07
11/13/19
11/13
10:07
11/13/19
10:07
Hot Stocks
Occidental, Ecopetrol complete investment agreement in U.S. Permian Basin »

Ecopetrol (EC) informs…

OXY

Occidental Petroleum

$38.13

-0.31 (-0.81%)

EC

Ecopetrol

$18.05

-0.22 (-1.20%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

JNPR

Juniper

$25.52

-0.17 (-0.66%)

10:05
11/13/19
11/13
10:05
11/13/19
10:05
Options
Juniper Networks call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Dec

  • 09

    Dec

10:05
11/13/19
11/13
10:05
11/13/19
10:05
General news
Treasury Action: the markets were unmoved by the prepared Powell testimony »

Treasury Action: the…

HE

Hawaiian Electric

$43.19

0.04 (0.09%)

10:03
11/13/19
11/13
10:03
11/13/19
10:03
Periodicals
ValueAct calls on Hawaiian Electric to look outside for next CEO, Bloomberg says »

Jeff Ubben, the CEO of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

RDWR

Radware

$23.32

(0.00%)

10:01
11/13/19
11/13
10:01
11/13/19
10:01
Conference/Events
Radware management to meet with Oppenheimer »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

RCKT

Rocket Pharmaceuticals

$15.44

(0.00%)

10:00
11/13/19
11/13
10:00
11/13/19
10:00
Conference/Events
Rocket Pharmaceuticals management to meet with Piper Jaffray »

Investor Luncheon with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

EOG

EOG Resources

$72.53

-0.76 (-1.04%)

, PXD

Pioneer Natural

$134.51

-1.67 (-1.23%)

09:59
11/13/19
11/13
09:59
11/13/19
09:59
Conference/Events
BofA/Merrill to hold a conference »

Global Energy Conference…

EOG

EOG Resources

$72.53

-0.76 (-1.04%)

PXD

Pioneer Natural

$134.51

-1.67 (-1.23%)

CRC

California Resources

$8.08

-0.06 (-0.74%)

PTEN

Patterson-UTI

$8.72

-0.32 (-3.54%)

SLB

Schlumberger

$35.72

-0.49 (-1.35%)

PE

Parsley Energy

$16.37

-0.28 (-1.68%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

  • 13

    Nov

  • 13

    Nov

PEGA

Pegasystems

$72.90

(0.00%)

09:58
11/13/19
11/13
09:58
11/13/19
09:58
Conference/Events
Pegasystems management to meet with DA Davidson »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

  • 10

    Dec

  • 05

    Mar

HE

Hawaiian Electric

$43.27

0.12 (0.28%)

09:58
11/13/19
11/13
09:58
11/13/19
09:58
Hot Stocks
Hawaiian Electric board says ValueAct letter seeking new CEO 'disappointing' »

Jeff Watanabe, Chair of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ILMN

Illumina

$294.99

-0.89 (-0.30%)

09:57
11/13/19
11/13
09:57
11/13/19
09:57
Conference/Events
Illumina participates in a conference call with SVB Leerink »

Conference call with Dr.…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

OXY

Occidental Petroleum

$38.05

-0.39 (-1.01%)

09:57
11/13/19
11/13
09:57
11/13/19
09:57
Hot Stocks
Occidental sees proceeds from asset sales of at least $15B by middle of 2020 »

Occidental Petroleum…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

OXY

Occidental Petroleum

$38.10

-0.34 (-0.88%)

09:55
11/13/19
11/13
09:55
11/13/19
09:55
Hot Stocks
Breaking Hot Stocks news story on Occidental Petroleum »

Occidental sees proceeds…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PCG

PG&E

$7.21

0.16 (2.27%)

, TSN

Tyson Foods

$89.50

0.505 (0.57%)

09:55
11/13/19
11/13
09:55
11/13/19
09:55
Options
Early notable gainers among liquid option names on November 13th »

Notable gainers among…

PCG

PG&E

$7.21

0.16 (2.27%)

TSN

Tyson Foods

$89.50

0.505 (0.57%)

XEC

Cimarex Energy

$45.15

0.15 (0.33%)

CME

CME Group

$204.28

2.74 (1.36%)

KSU

Kansas City Southern

$152.51

0.15 (0.10%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

  • 07

    Jan

09:55
11/13/19
11/13
09:55
11/13/19
09:55
Conference/Events
House Permanent Select Committee on Intelligence to hold a hearing »

The Committee holds a…

09:55
11/13/19
11/13
09:55
11/13/19
09:55
Conference/Events
Senate Health, Ed, Labor & Pensions Committee to hold a hearing »

The Committee holds a…

OVID

Ovid Therapeutics

$2.47

0.01 (0.41%)

09:54
11/13/19
11/13
09:54
11/13/19
09:54
Conference/Events
Ovid Therapeutics management to meet with William Blair »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

NUE

Nucor

$55.09

-0.23 (-0.42%)

09:52
11/13/19
11/13
09:52
11/13/19
09:52
Conference/Events
Nucor management to meet with KeyBanc »

Management participates…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

  • 15

    Nov

09:52
11/13/19
11/13
09:52
11/13/19
09:52
Conference/Events
House Judiciary Committee to hold a hearing »

The Subcommittee on…

09:50
11/13/19
11/13
09:50
11/13/19
09:50
General news
Fed Chair Powell's said policy is appropriate as long as the economy remains on track »

Fed Chair Powell's…

NSSC

Napco Security

$28.01

(0.00%)

09:49
11/13/19
11/13
09:49
11/13/19
09:49
Conference/Events
Napco Security management to meet with Oppenheimer »

Meeting to be held in St.…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

MRNA

Moderna

$17.96

-0.03 (-0.17%)

09:48
11/13/19
11/13
09:48
11/13/19
09:48
Conference/Events
Moderna management to meet with Oppenheimer »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 14

    Nov

HZN

Horizon Global

$3.72

-0.04 (-1.06%)

09:47
11/13/19
11/13
09:47
11/13/19
09:47
Hot Stocks
Horizon Global falls -6.9% »

Horizon Global is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SD

SandRidge Energy

$4.52

-0.115 (-2.48%)

09:47
11/13/19
11/13
09:47
11/13/19
09:47
Hot Stocks
SandRidge Energy falls -7.5% »

SandRidge Energy is down…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 13

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.