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Earnings Preview: ProLogis EPS, Revenue Expected to Rise from Previous Quarter
Friday, July 15, 2011 - 9:58am | 593Now's the time to start prepping for ProLogis (NYSE: PLD)! Don't be caught off-guard: The company releases its next round of earnings this Monday, July 18, 2011. Wondering what to expect from ProLogis' lastest earnings numbers? We thought so. Here's an advanced look at the company's second...
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Host Hotels & Resorts Earnings Preview: Analysts Predict Higher Earnings Over Prior Quarter
Friday, July 15, 2011 - 8:46am | 553Host Hotels & Resorts (NYSE: HST) earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Wednesday, July 20, 2011. Wondering what to expect from Host Hotels & Resorts' lastest earnings numbers? We thought so. Here's an advanced...
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Bank of America Merrill Lynch Initiates Coverage of Lexington Realty Trust
Thursday, July 14, 2011 - 8:36am | 162Bank of America Merrill Lynch published a research report on Lexington Realty Trust (NYSE: LXP). This report was an initial report that begins Bank of America Merrill Lynch's coverage of this company. According to the report, "The US office and industrial markets appear to have found their bottoms...
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J.P. Morgan Maintains Neutral Rating On Mission West Properties
Thursday, July 14, 2011 - 7:42am | 114According to J.P. Morgan, Mission West Properties (NYSE: MSW) reported 2Q FFO/share of $0.13 after market close, in line with its estimate and Bloomberg consensus. J.P. Morgan said that no specific line items varied notably from its model. “However, occupancy came in considerably lower than we...
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Bank of America Initiates Lexington Realty Trust At But, $10 PO
Thursday, July 14, 2011 - 7:36am | 27Bank of America has initiated coverage on Lexington Realty Trust (NYSE: LXP) with a Buy rating and $10 price objective.
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Digital Realty Trust Announces Repurchase at Option of Holders and Redemption of 4.125% Exchangeable Senior Debentures due 2026
Thursday, July 14, 2011 - 7:34am | 134Digital Realty Trust (NYSE: DLR) announced today that holders of the 4.125% Exchangeable Senior Debentures due 2026, of its operating partnership, Digital Realty Trust, L.P., which are fully and unconditionally guaranteed by the Company, have the right to surrender their Debentures for purchase by...
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Jefferies Raises PT On SL Green Realty To $80
Thursday, July 14, 2011 - 7:31am | 28Jefferies & Company has raised the price target on SL Green Realty (NYSE: SLG) from $75 to $80 and maintains its Hold rating.
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Jefferies Raises PT On Boston Properties To $103
Thursday, July 14, 2011 - 7:22am | 27Jefferies & Company has raised the price target on Boston Properties (NYSE: BXP) from $95 to $103 and maintains its Hold rating.
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Stocks to Watch for Thursday 7/14/2011: Fresh 52 Week Highs and Lows
Thursday, July 14, 2011 - 1:29am | 1820Stocks 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 Wednesday's trading session (listed from highest total volume to lowest): 1) SPDR Gold Shares (NYSE: GLD):...
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Earnings Preview: ProLogis EPS, Revenue Expected to Rise from Previous Quarter
Wednesday, July 13, 2011 - 11:18am | 478Now's the time to start prepping for ProLogis (NYSE: PLD)! Don't be caught off-guard: The company releases its next round of earnings this Monday, July 18, 2011. Wondering what to expect from ProLogis' lastest earnings numbers? We thought so. Here's an advanced look at the company's second quarter...
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Deutsche Bank Raises PT On Boston Properties To $115
Tuesday, July 12, 2011 - 6:12am | 27Deutsche Bank has raised the price target on Boston Properties (NYSE: BXP) from $101 to $115 and maintains its Buy rating.
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Douglas Emmett Obtains $355 Million Term Loan Fixed at 4.14%
Friday, July 8, 2011 - 7:01am | 44Douglas Emmett, Inc. (NYSE: DEI) announced that it has closed a secured, non-recourse $355 million term loan to refinance existing debt. The loan bears interest at a fixed interest rate of 4.14% per annum and matures on August 5, 2018.
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KeyBanc Upgrades MPG Office Trust to Hold
Thursday, July 7, 2011 - 7:18am | 91KeyBanc is out with its report today on MPG Office Trust (NYSE: MPG), upgrading MPG from Underweight to Hold. In a note to clients, KeyBanc writes, "Given the stabilization of cash flow, better than expected execution on the hotel sale, continued compression in cap rates and the potential for...
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MPG Office Trust Disposes of Non-Core Asset in Orange County
Wednesday, July 6, 2011 - 3:34pm | 67MPG Office Trust, Inc. (NYSE: MPG) today announced that it had completed the disposition of 2600 Michelson in Orange County, California in cooperation with the special servicer on the mortgage loan. As a result of the disposition, we were relieved of the obligation to repay the $110.0 million...
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MPG Office Trust Announces Refinancing of Joint Venture Property
Wednesday, July 6, 2011 - 3:33pm | 190MPG Office Trust, Inc. (NYSE: MPG) today announced the completion of the refinancing of the mortgage loan secured by One California Plaza, located in Downtown Los Angeles, with an up to $160.0 million mortgage loan facility. One California Plaza is owned by a joint venture between MPG and Charter...