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Benzinga's Top ETF Decliners (FAZ, CZI, TZA, DRV, SQQQ)
Monday, January 3, 2011 - 6:45pm | 280Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) dropped 5.83% today, as the financials traded higher on the news that Bank of America (NYSE: BAC) reached a settlement with Fannie May and Freddie Mac. Bank of America (BAC) jumped 6.37%, and closed at $14.19. Direxion Daily China Bear 3x...
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Host Hotels Stays Neutral - Analyst Blog
Monday, January 3, 2011 - 1:03pm | 582We maintain our 'Neutral' rating on Host Hotels & Resorts Inc. (HST), the largest lodging real estate investment trust (REIT) in the U.S. Host Hotels is one of the largest owners of luxury and upper-upscale hotels, primarily operated under premium brands, such as Marriott, Westin, Sheraton...
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Host Hotels Stays Neutral - Analyst Blog
Monday, January 3, 2011 - 12:30pm | 582We maintain our 'Neutral' rating on Host Hotels & Resorts Inc. (HST), the largest lodging real estate investment trust (REIT) in the U.S. Host Hotels is one of the largest owners of luxury and upper-upscale hotels, primarily operated under premium brands, such as Marriott, Westin, Sheraton...
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SL Green/Sutton Joint Venture Announce Plans for Redevelopment Project
Monday, January 3, 2011 - 10:04am | 69SL Green Realty Corp. (NYSE: SLG), in partnership with Jeff Sutton, today announced that it is joining forces with Harel Insurance and Finance in a joint venture partnership to develop a building featuring high end retail space and student dormitory housing for Pace University at 180-182 Broadway...
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David Schonbraun and Isaac Zion Named Co-CIOs of SL Green
Monday, January 3, 2011 - 10:03am | 63SL Green Realty Corp. (NYSE: SLG) announced today that David Schonbraun and Isaac Zion have been named as its Co-Chief Investment Officers. Mr. Schonbraun and Mr. Zion will be taking over the responsibilities from Andrew Mathias, who has been the Company's Chief Investment Officer since 2004. Mr....
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Douglas Emmett Establishes ATM Stock Offering Program
Thursday, December 30, 2010 - 5:52pm | 50Douglas Emmett, Inc. (NYSE: DEI) announced today that it has established an “at the market” stock offering program through which, at its discretion, it may sell up to $250 million of its common stock from time to time over the next three years.
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Company News for December 30, 2010 - Corporate Summary
Thursday, December 30, 2010 - 11:03am | 694• BHP Billiton (NYSE:BHP) plans to offer a price of $90 per share for Anadarko (NYSE:APC) • Lockheed Martin (NYSE:LMT) was awarded a Navy contract yesterday to build 10 warships known as Littoral Combat Ships, between now and 2015 worth up to $3.6 billion • Susquehanna increased its target price...
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Company News for December 30, 2010 - Corporate Summary
Thursday, December 30, 2010 - 10:43am | 694• BHP Billiton (NYSE:BHP) plans to offer a price of $90 per share for Anadarko (NYSE:APC) • Lockheed Martin (NYSE:LMT) was awarded a Navy contract yesterday to build 10 warships known as Littoral Combat Ships, between now and 2015 worth up to $3.6 billion • Susquehanna increased its target price...
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BXP Completes Hancock Acquisition - Analyst Blog
Thursday, December 30, 2010 - 10:03am | 473Boston Properties Inc. (BXP), a real estate investment trust (REIT), has recently completed the acquisition of ‘John Hancock Tower', the tallest building in Boston, Massachusetts, for $930 million. The company acquired the property from an affiliate of Normandy Real Estate Partners and an...
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Highwoods Acquires Assets - Analyst Blog
Thursday, December 30, 2010 - 9:33am | 570Highwoods Properties, Inc. (HIW), a leading real estate investment trust (REIT), has recently acquired ‘Independence Park' – a 33-acre multi-building development site in the Westshore submarket of Tampa for $4.9 million. The property can facilitate construction of office space spanning 524,000...
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BXP Completes Hancock Acquisition - Analyst Blog
Thursday, December 30, 2010 - 9:30am | 473Boston Properties Inc. (BXP), a real estate investment trust (REIT), has recently completed the acquisition of ‘John Hancock Tower', the tallest building in Boston, Massachusetts, for $930 million. The company acquired the property from an affiliate of Normandy Real Estate Partners and an...
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Highwoods Acquires Assets - Analyst Blog
Thursday, December 30, 2010 - 9:15am | 570Highwoods Properties, Inc. (HIW), a leading real estate investment trust (REIT), has recently acquired ‘Independence Park' – a 33-acre multi-building development site in the Westshore submarket of Tampa for $4.9 million. The property can facilitate construction of office space spanning 524,000...
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GKK Completes Asset Sale - Analyst Blog
Tuesday, December 28, 2010 - 11:03am | 460Gramercy Capital Corp. (GKK), a real estate investment trust (REIT), has recently completed the asset sale transaction worth $390.8 million, including the assumption of $265.6 million in debt. The assets were sold to SL Green Realty Corp. (SLG), a New-York based publicly held REIT. With the...
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GKK Completes Asset Sale - Analyst Blog
Tuesday, December 28, 2010 - 10:30am | 460Gramercy Capital Corp. (GKK), a real estate investment trust (REIT), has recently completed the asset sale transaction worth $390.8 million, including the assumption of $265.6 million in debt. The assets were sold to SL Green Realty Corp. (SLG), a New-York based publicly held REIT. With the...
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Gramercy Capital Corp. Announces Completion of Sale of New York City Real Estate Investments
Monday, December 27, 2010 - 5:32pm | 94Gramercy Capital Corp. (NYSE: GKK) today announced the closing of the previously announced sale of certain real estate investments to SL Green Realty Corp. (NYSE: SLG) for an aggregate price of approximately $390.8 million, including the assumption by SL Green of approximately $265.6 million in...