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Parkway Sells Joint Venture Asset in Orlando for $23M
Wednesday, July 6, 2011 - 3:22pm | 56Parkway Properties, Inc. (NYSE: PKY) announced today the sale of Maitland 200 for a gross sale price of $23 million. Maitland 200 is a 204,000 square foot office property located in the Maitland submarket of Orlando and was partially-owned by Parkway through a joint venture. The property was 95...
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Trading The Facebook Announcement
Wednesday, July 6, 2011 - 12:59pm | 94While the announcement of a Facebook video chat was not market moving, some news coming out of the conference can actually have an impact on your portfolio. Facebook said that the company is going to build more data centers, as opposed to leasing them going forward. A few related names in this...
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Commercial Real Estate Week in Review
Saturday, July 2, 2011 - 12:01am | 451Commercial Real Estate Week in Review for the week of June 25th to July 1st - REITs Dwarfed Private Equity in the First Quarter - Healthcare Funds Outperform Commodity and Energy Funds by a Mile - Low Interest Rates Become a Plus for Mortgage REITs - Excel Trust, Inc. (NYSE: EXL) Names Price for...
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Parkway Purchases Phoenix Asset for $39.4M
Thursday, June 30, 2011 - 3:50pm | 178Parkway Properties, Inc. (NYSE: PKY) announced today the purchase of Hayden Ferry Lakeside I on behalf of Parkway Properties Office Fund II, L.P. for a purchase price of $39.4 million. Hayden Ferry is a 203,000 square foot, Class A+ office building constructed in 2002 and is located in the Tempe...
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KBW Comments on Boston Properties Sale Consideration of Two Grand Central
Thursday, June 30, 2011 - 7:25am | 92“Acquisition and disposition activity does appear to be picking up steam across the board,” KBW wrote in a report this morning regarding Boston Properties Inc. (NYSE: BXP). “REITs are selectively pruning portfolios of lower-quality assets while there are strong capital flows targeting commercial...
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Stocks Going Ex Dividend the First Week of July
Thursday, June 30, 2011 - 12:45am | 766Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Boston Properties Remains on Bank of Americas REIT Top Pick List
Tuesday, June 28, 2011 - 6:52am | 74BofAML's Global Real Estate Research Team hosted a European Property Tour through London, Frankfurt and Paris last week. “The multi-sector tour included site visits and discussions with the leading office developers, landlords and brokers in these markets,” Bank of America writes. “Boston...
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Benzinga's Top ETF Decliners, June 23rd (DRN, AGQ, UCO, SOXS)
Thursday, June 23, 2011 - 5:55pm | 193Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) led the decliners among the ETFs on Thursday, with a decrease in price of 6.50%. In the real estate space, Boston Properties, Inc. (NYSE: BXP) dropped 2.89%, and it closed at $103.67. ProShares Ultra Silver (ETF) (NYSE: AGQ) traded lower today,...
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Benzinga's Top ETF Gainers, June 23rd (ZSL, DRV, SCO, SOXL)
Thursday, June 23, 2011 - 5:46pm | 190ProShares UltraShort Silver (ETF) (NYSE: ZSL) gained 6.51% today as silver futures struggled. ZSL closed at $18.50. and it had a volume of 14.35M traded shares. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) jumped 6.01%, and closed at $13.22. In the real estate space, Boston Properties, Inc...
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Benzinga's Top Downgrades
Tuesday, June 21, 2011 - 7:32am | 150Analysts at Credit Suisse downgraded Research in Motion Limited (NASDAQ: RIMM) from “outperform” to “neutral.” RIMM's shares closed at $25.89 yesterday. Research in Motion's trailing-twelve-month profit margin is 17.14%. Analysts at RBC Capital Markets downgraded Piedmont Office Realty Trust Inc (...
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Benzinga's Top ETF Decliners, June 20th (TVIX, DRV, JO, SRTY)
Monday, June 20, 2011 - 4:52pm | 203VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded sharply lower on Monday for the second trading session in a row as the volatility came down, after the S&P 500 rebounded on the positive news from Europe. TVIX dropped 8.62%, and it closed at $23.44. Direxion Daily Real Estate Bear...
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Benzinga's Top ETF Gainers, June 20th (XIV, SGG, DRN, TNA)
Monday, June 20, 2011 - 4:39pm | 172VelocityShares Daily Inverse VIX Short Term ETN (NYSE: XIV) jumped 4.38% on Monday, and it closed at $161.74. This was the second trading session in a row that XIV traded higher. iPath Dow Jones-UBS Sugar Subindex Total Return ETN (NYSE: SGG) traded higher today, along with sugar futures. SGG...
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ROOF: A New Small Cap REIT ETF With 4.3% Yield
Monday, June 20, 2011 - 2:47pm | 575Index IQ rolled out the first small cap U.S. REIT ETF last week (6/14/11). IQ US Real Estate Small Cap ETF (ROOF) intends to provide income and complement large cap REIT exposure. The underlying IQ US Real Estate Small Cap Index uses a float-adjusted market cap-weighted methodology. The goal is...
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Stocks Going Ex Dividend the Fourth Week of June
Saturday, June 18, 2011 - 9:56pm | 771Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Benzinga's Top ETF Gainers, June 16th (TVIX, SOXS, SGG, DRN)
Thursday, June 16, 2011 - 4:06pm | 184VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded sharply higher for the second consecutive trading session. Yesterday, it gained 16.84%, and today it spiked 10.44%, and closed at $26.66. Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) gained 3.61% on Thursday as Advanced...