-
J.P. Morgan Maintains Overweight on SL Green Realty
Wednesday, July 27, 2011 - 7:01am | 97J.P. Morgan is out with its report today on SL Green Realty (NYSE: SLG), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We rate SLG Overweight, as we believe its core NYC office portfolio will generate above-average core growth in an economic recovery, and the company's...
-
International Strategy & Investment Group Reports on Kilroy Realty
Tuesday, July 26, 2011 - 9:29am | 175International Strategy & Investment Group Inc has published a report on Kilroy Realty (NYSE: KRC). In the report, International Strategy & Investment Group wrote, "KRC's 2Q FFO of $0.52/sh fell short of our estimate and consensus; Maintain ‘11 est Kilroy reported Q2 FFO of $0.52 which was...
-
J.P. Morgan Maintains Overweight on Kilroy Realty
Tuesday, July 26, 2011 - 7:55am | 93J.P. Morgan is out with its report today on Kilroy Realty (NYSE: KRC), maintaining Overweight. In a note to clients, J.P. Morgan writes, "Our Overweight rating on KRC's stock stems from our view that its West Coast office exposures should start to turn the corner and external growth has begun to...
-
Bank of America Merrill Lynch Has Buy On Kilroy Realty Corporation
Tuesday, July 26, 2011 - 6:51am | 173Bank of America Merrill Lynch is out with a research report on Kilroy Realty Corporation (NYSE: KRC) after it reported earnings and it has a Buy rating and a $44 price target on shares. In a note to clients, Bank of America Merrill Lynch writes, "Until 2Q11, KRC had grown occupancy every quarter...
-
Digital Realty Trust Enters Sydney, Australia Data Centre Market
Monday, July 25, 2011 - 3:15pm | 201Digital Realty Trust, Inc. (NYSE: DLR) announced today that it has entered the Australian data centre market with the acquisition of a 3.48 hectare development site in Sydney, Australia for a purchase price of approximately $10.7 million. This represents the first acquisition in Australia for...
-
ProLogis Earnings Preview: Analysts Expect Rising Revenue, Falling EPS Over Previous Quarter
Monday, July 25, 2011 - 11:45am | 581ProLogis (NYSE: PLD) releases its next round of earnings this Thursday, July 28, 2011. Get prepared with Benzinga's ultimate preview for ProLogis' second quarter earnings. Earnings and Revenue: Analysts are looking ahead to a positive EPS of 32 cents per share and revenues of $221.1 million....
-
MPG Office Trust Disposes of Non-Core Asset in Orange County
Monday, July 25, 2011 - 8:06am | 72MPG Office Trust, Inc. (NYSE: MPG), a Southern California-focused real estate investment trust, today announced that it has disposed of City Tower in Orange County, California in cooperation with the special servicer on the mortgage loan. In conjunction with the disposition we were relieved of the...
-
KBW Reports On SL Green Realty
Friday, July 22, 2011 - 9:35am | 74According to Keefe, Bruyette & Woods, SL Green Realty (NYSE: SLG) “is a more active manager of capital than many REITs” KBW announced, “Our price target for SL Green Realty Trust is subject to risks and uncertainties including but not limited to interest rates, demand for office space, and...
-
Stocks to Watch for Thursday 7/21/2011: Fresh 52 Week Highs and Lows
Thursday, July 21, 2011 - 4:36am | 2699Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Wednesdays's trading session (listed from highest total volume to lowest): 1) Nalco Holding (NYSE: NLC): Shares...
-
Stifel Nicolaus Updates 7/20/11
Wednesday, July 20, 2011 - 7:38am | 335Stifel Nicolaus made a number of updates in a research report published today. Corporate Office Properties Trust (NYSE: OFC) had its rating upgraded from Sell to Buy. At the same time, its price target was put to $33. On Tuesday, OFC closed the day at $30.34. Fortinet, Inc. (NASDAQ: FTNT) had its...
-
Stifel Nicolaus Upgrades OFC, FTNT To Buy
Wednesday, July 20, 2011 - 7:15am | 42Stifel Nicolaus has upgraded the following companies: Corporate Office Properties Trust (NYSE: OFC) from Sell to Buy, $33 PT Fortinet (NYSE: FTNT) from Hold to Buy, $29 PT
-
Deutsche Bank Upgrades Duke Realty To Buy, Raises PT To $16
Wednesday, July 20, 2011 - 5:05am | 28Deutsche Bank has upgraded Duke Realty (NYSE: DRE) from Hold to Buy and has raised the price target from $13 to $16.
-
Parkway Sells Final Two Assets in Hampton Roads
Tuesday, July 19, 2011 - 3:08pm | 125Parkway Properties, Inc. (NYSE: PKY) announced today the sale of Greenbrier Towers I & II for a gross sale price of $16.7 million. The two office properties total 172,000 square feet and are located in the Greenbrier area of Chesapeake, Virginia, also known as Hampton Roads. The buildings...
-
BioMed Realty Trust Enters Into New $750 Million Unsecured Revolving Credit Facility
Tuesday, July 19, 2011 - 3:07pm | 192BioMed Realty Trust, Inc. (NYSE: BMR) announced today that the company has entered into a new $750 million unsecured revolving credit facility, replacing the previous unsecured revolving credit facility which had a maturity date of August 1, 2011. The new facility matures on July 13, 2015, but...
-
Top 4 NYSE Stocks In The REIT-Office Industry With The Highest Cash
Tuesday, July 19, 2011 - 1:47am | 125Below are the top REIT-office stocks on the NYSE in terms of cash. Boston Properties Inc (NYSE: BXP) had $747.30 million in total cash and $7.94 billion in total debt for the latest quarter. American Assets Trust Inc (NYSE: AAT) had $100.40 million in total cash and $860.13 million in total debt...