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Hot Stocks
Colony Capital effects CEO succession plan, appoints CEO Marc Ganzi to board » 08:06
07/01/20
07/01
08:06
07/01/20
08:06
CLNY

Colony Capital

$2.40 /

+0.065 (+2.78%)

Colony Capital announced…

Colony Capital announced the completion of the latest steps in connection with its ongoing strategic plan. As previously disclosed, Marc Ganzi assumed the role of Colony Capital's CEO, succeeding Thomas Barrack, who will continue in his role as executive chairman. In connection with Ganzi's appointment, the company's board of directors appointed Ganzi as a member of the board and as president of the company, effective immediately. In addition, as previously disclosed, Jacky Wu has assumed the role of CFO and treasurer, effective immediately. In connection with Ganzi's appointment to the board, Charles Schoenherr has resigned from the company's board of directors, effective immediately.

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CLNY Colony Capital
$2.40 /

+0.065 (+2.78%)

CLNY Colony Capital
$2.40 /

+0.065 (+2.78%)

06/04/20 B. Riley FBR
Colony Capital price target lowered to $4 from $5 at B. Riley FBR
03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
CLNY Colony Capital
$2.40 /

+0.065 (+2.78%)

CLNY Colony Capital
$2.40 /

+0.065 (+2.78%)

Over a month ago
Recommendations
Colony Capital price target lowered to $4 from $5 at B. Riley FBR » 08:52
06/04/20
06/04
08:52
06/04/20
08:52
CLNY

Colony Capital

$2.60 /

+0.27 (+11.61%)

B. Riley FBR analyst…

B. Riley FBR analyst Randy Binner lowered the firm's price target on Colony Capital to $4 from $5 and reiterates a Buy rating on the shares. The analyst updated his net asset value estimate following a call with management to reflect higher debt levels, somewhat offset by an updated view of property level values. Despite credit pressure in 2020, there is "significant intrinsic value" in Colony's balance sheet, Binner tells investors in a research note. The analyst believes Colony Capital is positioning to come out on the other side of this crisis as an "inexpensive way for investors to own a top-level digital infrastructure play."

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CLNY Colony Capital
$2.60 /

+0.27 (+11.61%)

CLNY Colony Capital
$2.60 /

+0.27 (+11.61%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
CLNY Colony Capital
$2.60 /

+0.27 (+11.61%)

CLNY Colony Capital
$2.60 /

+0.27 (+11.61%)

Earnings
Colony Capital reports Q1 core FFO (4c), one estimate 6c » 07:43
05/08/20
05/08
07:43
05/08/20
07:43
CLNY

Colony Capital

$2.09 /

+0.11 (+5.56%)

Reports Q1 revenue…

Reports Q1 revenue $507.51M vs. $548.06M last year. "COVID-19 is causing an unprecedented impact on the global economy; consequently, we are taking decisive action to preserve the financial flexibility and liquidity necessary to maintain the long-term resilience of our company, which in turn, benefits our customers, our communities, and our shareholders." said Thomas. Barrack, executive chairman and CEO. "The continued growth in the demand for digital infrastructure underscores the importance of our strategic pivot; and, by maintaining financial strength, we will continue to invest growth capital and position ourselves as the leading real asset solutions provider of occupancy, connectivity, and capital to the world's leading mobile communications and technology logos."

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CLNY Colony Capital
$2.09 /

+0.11 (+5.56%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
Hot Stocks
Colony Capital platform announces strategic recapitalization of Beanfield » 08:18
05/06/20
05/06
08:18
05/06/20
08:18
CLNY

Colony Capital

$2.05 /

-0.015 (-0.73%)

Digital Colony, the…

Digital Colony, the global digital infrastructure investment platform of Colony Capital, announced a strategic recapitalization of Beanfield Metroconnect, an independent telecommunications infrastructure provider in Canada. In connection with this transaction, the company has acquired the metro network of Aptum Technologies, a global hybrid cloud and managed services provider. The strategic recapitalization includes C$255M of financing, positioning Beanfield to capitalize on a variety of new segment and revenue opportunities. Through the acquisition of Aptum's metro network, Beanfield will enhance connectivity services and fiber solution capabilities in Toronto while expanding its presence in Montreal following the recent acquisition of regional telecom fiber services provider OpenFace. In partnership with Digital Colony, Beanfield has significantly scaled its platform to connect individuals and businesses in Canada's two largest urban markets. Since Digital Colony made a substantial investment in 2019, the company has grown its network footprint ten-fold from approximately 400 route KM to more than 4,000 across both markets. The company's ability to service on-net buildings has also increased almost six-fold from approximately 550 buildings to 3,200 buildings.

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CLNY Colony Capital
$2.05 /

-0.015 (-0.73%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
Over a quarter ago
Conference/Events
Colony Capital participates in a conference call with JPMorgan » 11:25
03/30/20
03/30
11:25
03/30/20
11:25
CLNY

Colony Capital

$1.79 /

-0.23 (-11.39%)

U.S. Telecom Services…

U.S. Telecom Services & Communications Analyst Cusick holds a conference call with CEO Ganzi on March 30 at 12 pm hosted by JPMorgan.

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CLNY Colony Capital
$1.79 /

-0.23 (-11.39%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
Conference/Events
Colony Capital participates in a conference call with JPMorgan » 04:55
03/30/20
03/30
04:55
03/30/20
04:55
CLNY

Colony Capital

$2.24 /

-0.15 (-6.28%)

U.S. Telecom Services…

U.S. Telecom Services & Communications Analyst Cusick holds a conference call with CEO Ganzi on March 30 at 12 pm hosted by JPMorgan.

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CLNY Colony Capital
$2.24 /

-0.15 (-6.28%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
Conference/Events
Colony Capital participates in a conference call with JPMorgan » 11:22
03/27/20
03/27
11:22
03/27/20
11:22
CLNY

Colony Capital

$2.26 /

-0.135 (-5.65%)

U.S. Telecom Services…

U.S. Telecom Services & Communications Analyst Cusick holds a conference call with CEO Ganzi on March 30 at 12 pm hosted by JPMorgan.

ShowHide Related Items >><<
CLNY Colony Capital
$2.26 /

-0.135 (-5.65%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
Hot Stocks
Colony Capital reaches cooperation agreement with Blackwells Capital » 09:26
03/20/20
03/20
09:26
03/20/20
09:26
CLNY

Colony Capital

$1.44 /

-0.04 (-2.70%)

Colony Capital announced…

Colony Capital announced that it has reached a cooperation agreement with Blackwells Capital, which owns approximately 2% of the company's outstanding common stock. Pursuant to the agreement, Colony Capital will nominate Jeannie Diefenderfer to stand for election to the company's board at the annual meeting of stockholders. Following the annual meeting, Colony Capital's Board will continue to comprise 12 directors, of whom 11 are independent. Under the terms of the agreement, Blackwells has agreed to withdraw its slate of five nominees and vote its shares in favor of all of the board's nominees and support all board recommended proposals at the company's annual meeting. Blackwells will abide by certain standstill and voting commitments, including a standstill with respect to Colony Capital until the tenth anniversary of the agreement as well as voting in favor of the board's recommendations until the third anniversary of the agreement. Colony Capital and Blackwells have also agreed to enter into a joint venture to acquire Colony Capital common stock on the open market. The company will commit $13.23M in CLNY common stock and/or cash, and Blackwells will commit $1.47M in cash. Colony Capital will serve as the managing member of the joint venture and Blackwells will retain customary minority protections.

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CLNY Colony Capital
$1.44 /

-0.04 (-2.70%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
Earnings
Colony Capital withdraws FY20 guidance in connection with COVID-19 outbreak » 07:34
03/20/20
03/20
07:34
03/20/20
07:34
CLNY

Colony Capital

$1.44 /

-0.04 (-2.70%)

Colony Capital announced…

Colony Capital announced a number of updates in connection with the impact of COVID-19 on its assets and business operations. The company is withdrawing its FY20 outlook for core FFO. The company is withdrawing its dividend guidance through the remainder of 2020; this change will have no impact on the previously declared Q1 dividend of 11c per share on Colony Capital Class A and B common stock payable on April 15 to respective stockholders of record on March 31. The company is withdrawing its guidance for other equity and debt monetizations. The company's digital assets under management, or AUM, which now represent approximately 40% of the company's AUM following the recent closing of the Zayo acquisition, continue to perform well. This performance underscores the company's commitment to its digital transition, which the company believes will minimize its exposure to future macroeconomic shocks such as COVID-19. "Since our earnings call on February 28, 2020, the coronavirus has been declared a pandemic and has fundamentally altered the global economy," said Thomas. Barrack, executive chairman and CEO. "Given the unprecedented nature of the situation, the Board and management team believe it is prudent to take these proactive measures to mitigate the impacts of COVID-19. The safety and well-being of our employees, tenants, business partners, and communities is our first priority, so we are carefully monitoring developments and taking appropriate steps across our portfolio. Fortunately, Colony Capital has a strong foundation, an experienced and dedicated team, and ample liquidity to manage through this challenging, uncertain period."

ShowHide Related Items >><<
CLNY Colony Capital
$1.44 /

-0.04 (-2.70%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR
Hot Stocks
Colony Capital names Jacky Wu CFO, Treasurer  17:33
03/12/20
03/12
17:33
03/12/20
17:33
CLNY

Colony Capital

$2.02 /

-0.94 (-31.76%)

 
ShowHide Related Items >><<
CLNY Colony Capital
$2.02 /

-0.94 (-31.76%)

03/11/20 B. Riley FBR
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
07/05/19 B. Riley FBR
Northstar Realty Europe sale positive for Colony Capital, says B. Riley FBR

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