Ahead of a pivotal week of consequential decisions, U.S. equity markets posted a second-straight week of declines as investors parsed a relatively disappointing slate of employment and inflation data. The pivotal Nonfarm Payrolls report showed that the U.S. economy added just 12k jobs in October - the weakest month since 2020 - with notably weaker trends under the surface. Private employment de...
Most REITs are in a strong position to grow their dividend in 2025. But some are growing far faster than others. I discuss 3 of the fastest growing REITs.
American Tower Corporation reported Q3-2024 and announced the sale of its India business. The stock is still hanging on to hopes of a return to the glory days. The reality is that the larger company is struggling to get anywhere near the traction it got in its heyday.
American Tower Corporation (NYSE:AMT ) Q3 2024 Earnings Call Transcript October 29, 2024 8:30 AM ET Company Participants Adam Smith - SVP of IR & FP&A Steve Vondran - President and CEO Rod Smith - EVP, CFO, and Treasurer Conference Call Participants Ric Prentiss - Raymond James David Barden - Bank of America Simon Flannery - Morgan Stanley James Schneider - Goldman Sachs Batya Levi - UBS Nick D...
Real estate investment trust American Tower missed estimates for third-quarter revenue on Tuesday due to diminished customer spending in its leasing business.
BOSTON--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) today reported financial results for the quarter ended September 30, 2024. Steven Vondran, American Tower's Chief Executive Officer, stated, “Adjusted for certain non-cash items in the quarter, including the loss taken upon closing our ATC India sale, our third quarter results continue to reflect the unabating demand for our global...
U.S. equity markets snapped a six-week winning streak, while benchmark interest rates surged to three-month highs as investors braced for a volatile two-week stretch of market-moving events. Another surprisingly solid slate of domestic economic data - highlighted by improved jobless claims and consumer sentiment reports - lifted the U.S. Economic Surprise Index to the highest-level since April....
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