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EastGroup Properties Announces Third Quarter 2010 Results; EPS $.15
Thursday, October 21, 2010 - 4:44pm | 203EastGroup Properties, Inc. (NYSE: EGP) announced today the results of its operations for the three and nine months ended September 30, 2010. Funds from Operations of $18.7 Million or $.70 Per Share Compared to $.76 Per Share for the Same Quarter Last Year Net Income Attributable to Common...
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AMB Property Beats Estimates - Analyst Blog
Thursday, October 21, 2010 - 4:03pm | 544AMB Property Corp. (AMB), a leading real estate investment trust (REIT), reported third quarter 2010 recurring fund from operations (FFO) of 32 cents per share compared with 71 cents in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is...
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Zacks Analyst Blog Highlights: MCD,YUM,DPZ,ALTR,XLNX - Press Releases
Thursday, October 21, 2010 - 10:33am | 2545For Immediate Release Chicago, IL – October 21, 2010 – Zacks.com Analyst Blog features:McDonald Corporation (MCD), Yum! Brands Inc. (YUM), Domino's Pizza Inc. (DPS), Altera Corporation (ALTR) and Xilinx Inc. (XLNX). Get the most recent insight from Zacks Equity Research with the free Profit from...
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Deutsche Bank Holds Onto AMB Property Rating And Target Price
Thursday, October 21, 2010 - 8:42am | 130Deutsche Bank says that overall, AMB Property Corporation's (NYSE: AMB) 3Q results were about in-line with its expectations, though core metrics were generally a bit better. “More importantly, the trends demonstrated in the Q give us more confidence that the industrial recovery that AMB has...
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Lackluster Quarter from Xilinx - Analyst Blog
Thursday, October 21, 2010 - 8:36am | 823California-based Xilinx, Inc. (XLNX) posted net income of 171 million or 65 cents in the second quarter of 2011 compared to a net income of $159 million or 58 cents per share in the first quarter of fiscal 2011, in line with the Zacks Consensus Estimate. Net income for the quarter more than...
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J.P. Morgan Provides Some AMB Property Valuation And Rating Analysis
Thursday, October 21, 2010 - 8:32am | 156Wednesday morning, AMB Property Corporation (NYSE: AMB) reported Q3 FFO/share that came in slightly above J.P. Morgan's estimate and consensus, and it maintained its 2010/2011 core FFO outlook. “From an operational perspective, the company made progress on a number of fronts in the quarter which...
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Altera Tops Expectations - Analyst Blog
Wednesday, October 20, 2010 - 7:09pm | 873Chipmaker Altera Corporation (ALTR) reported sales of $527.5 million in the third quarter of 2010, up 12% sequentially and up 84% year over year. The results beat the Zacks Consensus Estimate of $526.0 million but were within management's revised guidance of $516.2 million – $535.0 million....
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AMB Property Corporation® Announces Third Quarter Results; EPS $.04
Wednesday, October 20, 2010 - 8:45am | 115AMB Property Corporation (NYSE: AMB) today reported results for the third quarter of 2010. Funds from operations, as adjusted, per fully diluted share and unit was $0.32 for the third quarter of 2010, as compared to $0.71 for the same quarter in 2009. The year-over-year change was primarily due to...
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ProLogis Announces $1.02 Billion Agreement
Monday, October 18, 2010 - 9:07am | 105ProLogis (NYSE: PLD) announced today that it has entered into a definitive agreement with affiliates of Blackstone Real Estate Advisors to sell a North American industrial portfolio, its minority interest in a hotel property and ProLogis' interests in three of its property funds for a total...
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Weak Dollar A Break for Industrial Owners?
Wednesday, October 13, 2010 - 12:00am | 538If you've filled up your tank in the last week, you've probably noticed that gas prices have shot up recently. Prices at the pump are up 8 cents per gallon on average across the country from a week ago as a result of the surge in crude oil. It's no coincidence that gold prices...
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Bullish Case Building on Prologis (PLD)
Thursday, October 7, 2010 - 11:12am | 159Shares of ProLogis (NYSE: PLD) are higher on the session by 0.97%, currently trading at $12.54. The REIT has been moving largely higher over the past five months, off of a recent low near $9.00. The stock recent broke above the $11.50 resistance level, as well as the 50-day and 200-day moving...
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DuPont Fabros Technology, Inc. Reaffirms Guidance
Wednesday, October 6, 2010 - 12:30pm | 52DuPont Fabros Technology, Inc. (NYSE: DFT) today announced that the Company has reaffirmed its earnings per share and Funds from Operations guidance ranges both for the third quarter of 2010 and for the full year 2010, as previously announced with its second quarter 2010 results on August 3, 2010.
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Calls Purchased on First Industrial (FR)
Tuesday, October 5, 2010 - 2:50pm | 166Shares of First Industrial Realty Trust, Inc. (NYSE: FR) are higher on the session by 4.01%, currently trading at $5.19. The stock has been moving largely lower over the past six months, though is off its most recent low near $3.70. Options traders are betting the stock has further upside. A...
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ProLogis Upgraded To Buy
Thursday, September 30, 2010 - 10:14am | 23Stifel Nicolaus has upgraded ProLogis (NYSE: PLD) from Hold to Buy with a $14 price target.
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Trader's Market 09-23-2010
Thursday, September 23, 2010 - 7:58pm | 881Cusick's Corner This was an ideal day for traders -- break on the open, push to the upside (a little choppy, keeping everyone nervous) and then a decent pullback towards the lows. (The S&P Dec E-minis had a range of 1117.25-1134.50.) While volatility continues to creep into the market, VIX +6.8...