Iron Mountain, Inc.
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Too Many Converts to REITs Isn't a Good Thing
By Reuben Brewer - May 6, 2013 | Tickers: CXW, IRM, PENN, RYN
My concern about corporations converting to real estate investment trusts (REITs) to save on taxes was recently echoed by The New York Times. It's a big issue at a time when the government, at all levels, is trying raise more revenue. If you own a REIT, you need to monitor the conversion trend.
What is a REIT
Real estate investment trusts were created to allow small investors the opportunity more »
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This REIT Spin-Off Could Bring Out Big Value
By Mike Thiessen - April 15, 2013 | Tickers: IRM, LAMR, PENN
In late 2012, well-known casino and racetrack operator Penn National Gaming (NASDAQ: PENN) set the sector on fire by announcing its intention to spin off the gaming industry's first publicly traded REIT. With nearly 7 million square feet of available gaming space on 3,200 acres of wholly owned land, Penn's REIT would manage a large chunk of the company's current real estate holdings. Penn National Gaming more »
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This REIT Spin-Off Could Bring Out Big Value
By Mike Thiessen - April 15, 2013 | Tickers: IRM, LAMR, PENN
In late 2012, well-known casino and racetrack operator Penn National Gaming (NASDAQ: PENN) set the sector on fire by announcing its intention to spin off the gaming industry's first publicly traded REIT. With nearly 7 million square feet of available gaming space on 3,200 acres of wholly owned land, Penn's REIT would manage a large chunk of the company's current real estate holdings. Penn National Gaming more »
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REIT Spin-Off Could Bring Out Big Value
By Mike Thiessen - April 12, 2013 | Tickers: IRM, LAMR, PENN
In late 2012, well-known casino and racetrack operator Penn National Gaming (NASDAQ: PENN) set the sector on fire by announcing its intention to spin off the gaming industry's first publicly traded REIT. With nearly 7 million square feet of available gaming space on 3,200 acres of wholly owned land, Penn's REIT would manage a large chunk of the company's current real estate holdings. Penn National Gaming more »
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Home on the Range; Where Deer, Antelope and Investors Play
By Michael Ugulini - March 5, 2013 | Tickers: GMCR, IRM, RRC
Can you picture yourself at home on the range, with mountains towering over you, as you peruse the many online and offline investing publications looking for that extra bit of insight? If you can, than you can play right along with the rest of the wildlife, hunting for sustenance to store in your portfolio for the seasons ahead.
Green Mountain Coffee Roasters (NASDAQ: GMCR) is a leader in specialty coffee more »
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Why You Should Never Follow Gurus
By Lee Samaha - December 29, 2012 | Tickers: GME, HRB, HLF, IRM, NUS
One of the most seductive things for a private investor is reading an article by an investment guru or pundit that writes or screams about trading a certain stock or asset class. In addition, I frequently see articles that monitor their positions and what they buy and sell. It’s all so easy. You just follow a guru-who has no doubt put in a lot of research--and you make money more »
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Decent Dividends in the Software Services Sector
By Chris Hodge - December 26, 2012 | Tickers: DOX, ADP, BLKB, IRM
I'm getting into looking at software services companies and I'm really thinking about what makes them good or bad. And while the traits that make a company good or bad are unique to the industry and even to individual companies, I will always love dividends (provided the company can actually afford to pay them) as one indicator of quality. So let's check out a few companies in more »
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Don't Bet On a Casino REIT
By Reuben Brewer - December 6, 2012 | Tickers: AMT, IRM, LAMR, MAR, PENN, PCL, RYN, RHP, WY
Penn National Gaming (NASDAQ: PENN) shares shot up after it announced plans to split itself into a gaming company and a real estate investment trust (REIT). This follows on the heels of a number of other companies announcing or making similar shifts. While it makes sense for some companies, it is probably best for investors to avoid Penn National's “casino REIT” when, and if, it comes along.
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Piling on the REIT Bandwagon
By Gerelyn Terzo - October 15, 2012 | Tickers: AMT, IRM, LAMR
Real Estate Investment Trusts, or REITs, were designed decades ago as tax-friendly structure for developers who provide investment vehicles for those looking for a piece of the commercial real estate pie. Times have changed, and it seems that today, if a company can convince the Internal Revenue Service that owning some tangible asset qualifies the business for REIT structure, it’s allowed membership into the exclusive club. I'm exaggerating more »
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Stocks Consolidating In Their Niches.
By Paul Tatireta - October 1, 2012 | Tickers: ACN, ACT, BSX, EW, IRM, PPL
Companies with winning or gaining streaks are emerging on the market. They are companies which have really established themselves and enjoy investor confidence. They are determined to commit their resources and vitality to maintain their hold, and the result is this: An investor’s package filled with new ideas, inventiveness, resourcefulness, and up-trending performance; a goldmine which inspires the most pessimistic of investors to renewed confidence. But as experienced investors more »
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Highfields Capital Climbs Above 5% of Iron Mountain
By Meena Krishnamsetty - August 8, 2012 | Tickers: DOX, ADP, CTAS, IRM
Highfields Capital Management, a hedge fund that was seeded heavily by Harvard Management when it was launched by endowment employee Jonathon Jacobson, filed with the SEC on Aug. 2 to report that it had purchased 9.2 million shares of Iron Mountain Inc. (NYSE: IRM).
Iron Mountain provides records management and data protection services among other product offerings. Highfields’ ownership gives it 5.4% of the shares outstanding of the more »
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Climbing The Mountain
By Chad Henage - July 3, 2012 | Tickers: NLY, IVR, IRM
I don't think I'm making a mountain out of a mole hill, when I say investors have a huge opportunity coming up. Iron Mountain (NYSE: IRM) is moving to convert into a REIT. This came to my attention through a series of articles by fellow Fool Rick Munarriz. He periodically writes about companies that are increasing their dividend payouts. I always read these articles, and it helps me keep up with the yield of the many companies I follow. His little blurb about Iron Mountain converting to a REIT jumped off the page though because of its implications.
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Why this Part of Tech is Structurally Challenged
By Lee Samaha - May 31, 2012 | Tickers: CAJ, HPQ, IRM, LXK, TECD
One of the best ways to get a read on an industry is to look at what its distributors are saying.
With this in mind, I felt IT distributor Tech Data (NASDAQ: TECD) gave some interesting commentary. Investors in Hewlett-Packard (NYSE: HPQ) should be particularly interested as 10% of Tech Data’s revenues come from HP products.
In summary, Tech Data is currently seeing strength in mobility (cell phones and more »
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Paul Singer's Elliott Management Is Bullish on these Stocks
By Meena Krishnamsetty - February 15, 2012 | Tickers: BRCD, CSCO, GM, IRM, NWSA
Founded by Paul Singer in 1977, Elliott Associates is one of the oldest hedge funds under continuous management. Together with Elliott International, Elliott Associates forms the Elliott Management Corp., which manages roughly $15 billion of capital for large institutional investors and wealthy individuals alike. Before founding his fund, Singer earned a BS in psychology from the University of Rochester and a JD from Harvard Law School. After that, Singer spent more »
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Price The Market Part 43
By Glen Bradford - January 14, 2012 | Tickers: GE, HON, ITW, IRM, XYL
Hi, my name is Glen Bradford. Join me on my journey of pricing the S&P500. Let's do this.
281. Iron Mountain Inc. (NYSE: IRM) is really expensive. I also question the company's buyback program. They should be using their cash flow to pay off debt. What they are doing is systemically risky and can only be done to slowly assist in their EPS until they experience an more »