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Puts Sold on AMB Property Co (AMB)
Wednesday, May 19, 2010 - 10:53am | 134Shares of AMB Property Company (NYSE: AMB) are lower on the session by 0.88%, currently at $25.97. The stock has struggled around the $29.25 level for a few months now and has sold off from there; the stock has now broken through the 50-day moving average and has the 200-day in its sights. Opens...
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Protection Purchased in Prologis
Friday, May 14, 2010 - 3:36pm | 97Shares of Prologis (NYSE: PLD) are selling off hard today, currently down 7.57% to $11.36. The real estate investment trust (REIT) has now fallen away from the 50-day and 200-day moving averages, which is a bearish sign. The technicals suggest that the stock could move lower to the $10 level before...
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Protection Purchased in Prologis
Friday, May 14, 2010 - 3:36pm | 97Shares of Prologis (NYSE: PLD) are selling off hard today, currently down 7.57% to $11.36. The real estate investment trust (REIT) has now fallen away from the 50-day and 200-day moving averages, which is a bearish sign. The technicals suggest that the stock could move lower to the $10 level before...
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ABM Property Leases 234,600 SF In California
Wednesday, May 12, 2010 - 8:40am | 171AMB Property Corporation (NYSE: AMB), owner, operator and developer of global industrial real estate, today announced it has leased 234,600 square feet to UMA, one of the largest importers and wholesalers in the home furnishings industry. UMA Enterprises will consolidate its operations in the new...
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Bulls Rush into Prologis
Thursday, May 6, 2010 - 1:04pm | 92Shares of Prologis (NYSE: PLD) are heading lower fast today, currently down 4.52% to $12.04 and bears are flocking into the puts today as well. Put action is currently running at 2.09x the norm with 93% of puts traded being purchases on the offer. The heaviest action is coming on the July $9 put...
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BMO Cuts FPO To Market Perform
Tuesday, April 27, 2010 - 12:07pm | 44Analysts at BMO Capital Markets downgrade First Potomac (NYSE: FPO) from "outperform" to "market perform." FPO’s shares have slipped by 1.56% to $15.76 at 10:17 am. More Analyst Ratings here.
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Stocks That Have Crossed 52-Week Highs (ARLP, ALTR, AERG, ESRX, FCFS)
Tuesday, April 20, 2010 - 3:24pm | 263Alliance Resource Partners (NASDAQ: ARLP) crossed its earlier 52-week high of $46.74 and created a new 52-week high of $46.87, up 1.49%. ARLP produces and markets coal for American utilities and industrial users. Altera Corporation (NASDAQ: ALTR) rose 2.84% to $26.81 on total volume of 4,532,255...
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Is The Rebound In Real Estate ETFs Here To Stay?
Friday, April 2, 2010 - 11:33pm | 1730“In mid-2009 we asked whether real estate investment trust ETFs had priced in a predicted tidal wave of commercial real estate foreclosures. We concluded prices had fallen so far they could well be at fair market value. Those prices were fair indeed. REITs have nearly doubled in the past year. How...
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The Government’s Mortgage Modification Program May Hurt The Bottom Line Of The Banks In The Financial ETF
Monday, March 29, 2010 - 2:21pm | 2492“Citigroup (NYSE: C) announced on Thursday that it would join the government’s program to modify second mortgages, following Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JP Morgan Chase & Co (NYSE: JPM) and others, as the housing market appears to be at the beginning of a second...
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Monmouth Real Estate Investment Corporation Gains Inclusion In The Wilshire US REIT ETF (WREI)
Monday, March 22, 2010 - 10:38pm | 2419Monmouth Real Estate Investment Corporation (Nasdaq: MNRTA) is proud to announce that it was added to the Wilshire US Real Estate Investment Trust Index(SM) (Wilshire US REIT Index(SM) ) effective after the markets closed on March 19, 2010 in conjunction with the quarterly rebalancing of the...
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ProLogis Downgraded To Neutral
Monday, March 22, 2010 - 9:25am | 49Analysts at Macquarie downgrade ProLogis (NYSE: PLD) from "outperform" to "neutral." The target price for PLD is set to $13.50. PLD’s shares fell by 3.77% to close at $14.04 on Friday. More Analyst Ratings here
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Strategists Warn About The Financial Sector As The Financial ETF Sets A New 52-Week High
Wednesday, March 17, 2010 - 6:49pm | 2087The rally in the Financial Select Sector SPDR Fund (XLF) on Wednesday means the exchange-traded fund has more than doubled in value from a year ago. The ETF set a new 52-week high of $15.97 a share on Wednesday. One year ago on March 17, 2009, the fund touched a session low of $7.87, according to...
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Monday March 15th ETF Movers: IFNA, PKOL
Monday, March 15, 2010 - 5:16pm | 265In midday trading Monday, the iShares North America Index Fund (NASDAQ:IFNA) is outperforming other ETFs, up about 1.4% on the day. Components of that ETF showing particular strength include shares of Dupont Fabros Technology (NYSE:DFT), up about 0.7% and shares of Kite Realty Group (NYSE:KRG), up...
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More Regional Banks Ready To Repay TARP; Credit Suisse (CS)
Friday, February 19, 2010 - 11:38pm | 123In a recently released report, Credit Suisse (NYSE: CS) has stated that more regional banks are now willing to repay TARP funds. According to the report, Regional banks are now deploying capital into acquisitions. Credit Suisse (CS) said that the Supervisory Capital Assessment Program-tested banks...
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Stocks That Created New 52-Week Highs (ACXM, ALTR, ABCB, AFSI, ARUN)
Friday, February 19, 2010 - 2:50pm | 206Acxiom Corporation (NASDAQ: ACXM) shares created a new high of $16.49, before slipping marginally to 16.495, to reflect a 1.13% gain. ACXM offers interactive marketing services in the US. Altera Corporation (NASDAQ: ALTR) shares rose 0.97% to $23.99, creating a new 52-week high. ALTR designs,...