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Kilroy Realty Announces Acquisition of Bellevue and San Diego Office Buildings
Monday, June 6, 2011 - 4:07pm | 166Kilroy Realty Corporation (NYSE: KRC), continuing its strategy of acquiring high-quality, well-located properties that provide both strong near-term cash flows and attractive long-term appreciation potential at below replacement cost prices, announced today that it has purchased two office...
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Highwoods Properties Voluntarily Withdraws Series A Preferred Stock From Listing on NYSE
Friday, June 3, 2011 - 3:42pm | 121Highwoods Properties Inc. (NYSE: HIW), one of the largest owners and operators of office properties in the Southeast, today announced that it has elected to voluntarily withdraw its 8 5/8% Series A Cumulative Redeemable Preferred Shares from listing on the New York Stock Exchange. The Company...
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Canadian Company Turns Garbage Into Fuel
Friday, June 3, 2011 - 4:00am | 54The Montreal-based company, Enerkem bills itself as a “leading waste to biofuels and chemicals company” that “manufactures, owns and operates community-based advanced biorefineries.” Big talk from a company I've never heard of until today. However, Enerkem lives up to the hype. The company, founded...
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Top 4 Small-Cap Stocks In The REIT-Office Industry With The Highest EPS Estimates
Thursday, June 2, 2011 - 11:48pm | 145Below are the top small-cap REIT-office stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Parkway Properties Inc (NYSE: PKY) for the next year ending December, 2012 is $2.38 per share. PKY's trailing-twelve-month operating margin is 12.65...
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Boston Properties Establishes $600M ATM Stock Offering Program
Thursday, June 2, 2011 - 3:29pm | 76Boston Properties, Inc. (NYSE: BXP) announced today that it has established an “at the market” stock offering program through which it may sell up to an aggregate of $600 million of its common stock. The stock would be offered through BNY Mellon Capital Markets, LLC, BofA Merrill Lynch, Deutsche...
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Oppenheimer Maintains Outperform Rating On Pluristem Therapeutics
Thursday, June 2, 2011 - 8:18am | 151According to Oppenheimer, Pluristem Therapeutics (NASDAQ: PSTI) Outperform rating is maintained. Oppenheimer said that yesterday, Aastrom Biosciences (ASTM, $3.04, Not Rated) reported top-line results for its Phase II study called RESTORE-CLI. “The trial investigated administration of expanded...
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Benzinga's Top ETF Decliners, June 1st (AGQ, FAS, TNA, SOXL, DRN)
Wednesday, June 1, 2011 - 6:06pm | 254ProShares Ultra Silver (ETF) (NYSE: AGQ) led the decliners among the ETFs on Wednesday, with a loss of 9.69%. AGQ closed at $187.12, and it had a volume of 3.01M traded shares. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) dropped 9.53% today as Bank of America Corporation (NYSE: BAC)...
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Benzinga's Top ETF Gainers, May 31st (CZM, DZK, TAN, DRN)
Tuesday, May 31, 2011 - 6:08pm | 210Direxion Daily China Bull 3x Shares ETF (NYSE: CZM) spiked 6.43% on Tuesday, and it closed at $51.01. PetroChina Company Limited (ADR) (NYSE: PTR) is a component of the BNY China Select ADR Index, and it gained 3.27%. Direxion Daily Developed Markets Bull 3X Shares(ETF) (NYSE: DZK) jumped 6.18%...
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Douglas Emmett Increases Quarterly Dividend by 30% to $0.13
Tuesday, May 31, 2011 - 3:24pm | 54Douglas Emmett, Inc. (NYSE: DEI) announced today that its Board of Directors has approved a 30% increase in its quarterly cash dividend to $0.13 per share, or $0.52 per common share on an annualized basis. The dividend will be paid on July 15, 2011 to shareholders of record as of June 30, 2011.
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Benzinga's Top ETF Decliners, May 26th (TVIX, DRV, TZA, EDZ)
Thursday, May 26, 2011 - 6:14pm | 198VelocityShares 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...
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Benzinga's Top ETF Gainers, May 26th (VNM, DRN, TNA, EDC)
Thursday, May 26, 2011 - 6:02pm | 218Market Vectors Vietnam ETF (NYSE: VNM) jumped 4.56% on Thursday, and it closed at $20.40. VNM broke its eight day losing streak today. Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) gained 4.42%, and it closed at $76.36. In the semiconductor space, Boston Properties, Inc. (NYSE: BXP) gained...
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Highwoods Calls For Redemption Of 2.1M Preferred B at C$25/Share
Wednesday, May 25, 2011 - 7:07am | 154Highwoods Properties, Inc. (NYSE: HIW), one of the largest owners and operators of office properties in the Southeast, today announced that it has called for the redemption of all of its remaining 8% Series B Cumulative Redeemable Preferred Shares (NYSE:HIW.B). The cash redemption price for the...
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Boston Properties to Resume the Development of New York City Property
Tuesday, May 24, 2011 - 3:45pm | 79Boston Properties, Inc. (NYSE: BXP) announced today that it has signed a lease with the law firm of Morrison & Foerster LLP for approximately 180,000 square feet at 250 West 55th Street, its planned approximate 1,000,000 square foot, LEED Gold pre-certified office building in Midtown Manhattan...
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COPT Prices Offering of 4,000,000 Common Shares at $33/Share
Friday, May 20, 2011 - 8:12am | 91Corporate Office Properties Trust (NYSE: OFC) announced today the pricing of its public offering of 4,000,000 newly issued common shares at $33.00 per share. The Company has granted the underwriters an option to purchase up to an additional 600,000 shares during the next 30 days to cover over-...
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Keefe, Bruyette & Woods Reports on Lexington Realty
Friday, May 20, 2011 - 6:37am | 110Keefe, Bruyette & Woods commented on Lexington Realty (NYSE: LXP) in a report released earlier today. In the report, Keefe was positive in its assessment of the company. Keefe writes, "LXP announced Thursday afternoon that it has signed a law firm for up to 120-k square feet at 100 Light...