Industrial REIT's

JP Morgan has raised the price target on First Industrial Realty Trust (NYSE: FR) from $8 to $9.50 and maintains its Underweight rating.

As announced earlier this morning, ProLogis and AMB Property Corporation completed a merger of equals on June 3, 2011. In connection with the completion of the merger, AMB Property Corporation changed its name to Prologis, Inc. (NYSE: PLD), AMB Property, L.P. changed its name to Prologis, L.P.,...

AMB Property Corporation (NYSE: AMB) and ProLogis (NYSE: PLD) today announced the completion of their merger, forming a combined company named Prologis, Inc., a leading global owner, operator and developer of industrial real estate. The common stock of the combined company will trade under the...

ProLogis (NYSE: PLD) announced today that its shareholders have approved its proposed merger of equals with AMB Property Corporation (NYSE: AMB). More than 498 million, or 87.4 percent, of ProLogis' outstanding shares were voted, with approximately 99.6 percent of those voted in favor of the...

First Industrial Realty Trust (NYSE: FR) today announced the pricing of its underwritten public offering of 8,400,000 shares of its common stock at a price to public of $12.15. The last reported sales price of the Company's common stock on the New York Stock Exchange on May 31, 2011 was $12.58.

Direxion Daily China Bear 3x Shares ETF (NYSE: CZI) dropped 7.30% on Tuesday as PetroChina Company Limited (ADR) (NYSE: PTR) traded 3.27% higher. Direxion Daily Developed Markets Bear 3x Shares(ETF) (NYSE: DPK) closed its fifth consecutive trading session in the negative territory. DPK fell 5.88...

First Industrial Realty Trust, Inc. (NYSE: FR) announced today that it has commenced an underwritten public offering of 8,400,000 shares of its common stock. The Company intends to use the proceeds for general corporate purposes, which may include repayments or repurchases of debt and acquisition...

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) fell 4.35% on Thursday, and it closed at $20.46. This was the third trading session in a row that TVIX closed lower. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) dropped 4.28% today as Boston Properties, Inc. (NYSE: BXP) gained 1.61...

Jefferies is maintaining its Underweight rating on the Industrial REIT sector in its quarterly report following the industry's in-line 1Q11 results. The report also highlights DCT Industrial Trust (NYSE: DCT) as Jefferies' favorite within the sector. Jefferies maintains a Hold rating and a $5...

Unconfirmed positive rumors circulating at Dupont Fabros Technology (NYSE: DFT). Hearing Dupont Fabros Could be Supplying Apple with AAPL's New Data Center http://www.datacenterknowledge.com/archives/2011/05/18/apple-adding-data-center-in-silicon-valley/ This article may include mentions of rumors...

AMB Property Corporation (NYSE: AMB) and ProLogis (NYSE: PLD) today announced interim results from the offers to exchange all outstanding notes of the series described in the table below issued by ProLogis (the "ProLogis Notes") for corresponding series of notes to be issued by AMB's operating...

Cusick's Corner Here's something to look at over the weekend, check out options volatility ahead of earnings. Log into your optionsXpress account and check out the Volatility View chart, plus go to our Options Chains to see the Implied Volatility & Greeks on a strike-by-strike basis. Stocks...

ProLogis (NYSE: PLD) today announced that it has agreed to purchase all Ordinary Units and Convertible Preferred Units of ProLogis European Properties that are currently held by APG Algemene Pensioen Groep N.V. and an affiliate of the Government of Singapore Investment Corporation Pte Ltd at a...

Dupont Fabros Tech (NYSE: DFT) Reports Q1 FFO of $0.38 vs $0.38 Estimate, Revenues $68.4M vs $71.28M Estimate

On the news that Bin Laden was killed stocks opened today's session mildly higher. As the day wore on stocks reversed course and finished marginally lower. However, the major indexes closed in the bottom half of their intra-day trading range. Market breadth was negative and the trading levels did...