CCI News

Los Angeles, California--(Newsfile Corp. - April 27, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Crown Castle International Corp. ("Crown Castle" or "the Company") (NYSE: CCI) (NYSE: CCI.PA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 26, 2018 and ...

HOUSTON, May 14, 2020 -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that its Board of Directors has declared a quarterly cash dividend of.

Crown Castle International Corp. (REIT) (NYSE:CCI) owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service bringing information, ideas and innovations […]

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

While the coronavirus has caused uncertainty and sparked recessionary fears, temporarily slowing new network builds, tower growth appears set to reaccelerate, according to Oppenheimer.The American Tower, Crown Castle Analyst Timothy Horan upgraded American Tower Corp (NYSE: AMT) and Crown Castle International Corp (NYSE: CCI) from Perform to Outperform and set price targets of $270 and $175, respectively.The American Tower, Crown Castle Thesis American Tower and Crown Castle are both witnessing strong and accelerating demand from carriers, with mobile broadband becoming more important than ever, Horan said in the Friday upgrade note. (See his track record here.)The analyst expects a solid rebound in tower activity from T-Mobile US, Inc. (NASDAQ: TMUS) this year, buildouts by DISH Network Corp (NASDAQ: DISH), strong spend by Verizon Communications Inc. (NYSE: VZ) and rural fixed wireless boosted by government subsidies.Massive spectrum auctions scheduled for the back half of 2020 are also positives, he said.Oppenheimer projects that tower volume growth will accelerate from 4% in 2019 to 9% within two years from small cell strength."Various channel checks on 5G builds this week confirm our optimism, as the industry's wireless operators are seeing fixed wireless/enterprise use cases," Horan said. The analyst expressed optimism regarding the U.S. wireless services addressable market doubling to $150 billion.AMT, CCI Price Action American Tower shares were up 5.36% at $240.38 at the time of publication, while Crown Castle shares were 3.19% higher at $155.64. Related Links: Barron's Picks And Pans: Boyd Gaming, Domino's Pizza, Exxon And MoreStocks That Hit 52-Week Highs On ThursdayLatest Ratings for AMT DateFirmActionFromTo May 2020OppenheimerUpgradesPerformOutperform Apr 2020Credit SuisseMaintainsOutperform Apr 2020Credit SuisseInitiates Coverage OnOutperform View More Analyst Ratings for AMT View the Latest Analyst Ratings See more from Benzinga * BofA Downgrades Closed-End REITs On Distribution Risks * MGM Resorts International Could Take 4-6 Years To Recover, BofA Says In Downgrade * BofA Downgrades Pinduoduo On Monetization Concerns(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The build-out of data centers and 5G technology stands in contrast to the retreating retail and commercial real estate markets.

Crown Castle (CCI) registers growth in site-rental revenues and maintains 2020 outlook despite the coronavirus pandemic-related setbacks.

HOUSTON, April 29, 2020 -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") today reported results for the first quarter ended March 31, 2020 and maintained its.

The key characteristics of companies that can stand the test of time include a long runway for growth, a dominant market position, and a large and untapped addressable market. Amazon clocked up net sales of $75.5 billion during the previous quarter, up 26.6% year over year, while generating trailing twelve-month free cash flow of $24.3 billion. Amazon's dominance should allow it to continue to grow over the long term, as more countries industrialize and more consumers switch to e-commerce.

Crown Castle (CCI) delivered FFO and revenue surprises of -4.70% and -2.05%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Q1 2020 Crown Castle International Corp Earnings Call

The real estate sector includes companies that own, develop, and manage residential, commercial, and industrial properties. Each of these three real estate segments includes publicly traded real estate investment trusts (REITs).

With me on the call this morning are Jay Brown, Crown Castle's Chief Executive Officer; and Dan Schlanger, Crown Castle's Chief Financial Officer. As you saw from our press release, we delivered another quarter of positive results and maintained our guidance for 2020 growth in AFFO per share of 7% to 8% consistent with our long-term growth expectations.

The mix of retirement income sources has changed dramatically over the years. Not too terribly long ago, employer pensions supplied much of an individual's needed income after their working years had ended.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Crown Castle International Corp. New York, May 22, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Crown Castle International Corp. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

In the latest trading session, Crown Castle (CCI) closed at $150.83, marking a -1% move from the previous day.

Oppenheimer upgraded shares of American Tower REIT and Crown Castle International to Outperform recently, citing long-term growth potential and attractive valuations.

Since performance of REITs depends on the underlying asset categories and location of properties, not all companies suffered setbacks despite the pandemic disrupting the second half of Q1.

HOUSTON, May 21, 2020 -- Crown Castle International Corp. (NYSE: CCI) ("Crown Castle") announced today that Dan Schlanger, Crown Castle’s Executive Vice President and Chief.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. A class action lawsuit has already been filed.