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Article: The Week; April 10 - 16.(Steven G. Osgood resigns from U-Store-It Trust)(AmeriPath Inc. builds new pathology laboratory)(A. Schulman Inc. announces its share price)
- Article from:
- Crain's Cleveland Business
- Article date:
- April 17, 2006
CopyrightCOPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Osgood's REIT stuff: Steven G. Osgood, president and chief financial officer of real estate investment trust U-Store-It Trust (NYSE: YSI) in Middleburg Heights, resigned, effective April 20, to become CFO of Global Signal Inc. (NYSE: GSL), a REIT based in Sarasota, Fla., that owns wireless communications towers. Securities analysts at Wachovia, Citigroup and Harris Nesbitt downgraded U-Store-It stock, taking Mr. Osgood's departure as a sign of instability. U-Store-It reported March 11 it had missed analysts' forecasts for the fourth quarter of 2005, when it reported a loss of $2.7 million, though it was profitable on an annual basis.
Don't trick the boss: ...