Real Estate Management & Development

J.P. Morgan is out with its report today on CB Richard Ellis Group (NYSE: CBG), lowering its PT to $26 from $31. In its report, J.P. Morgan writes, "We are lowering our December 2011 target price from $31 to $26 based on a discounted cash flow (DCF) model that assumes 5.5% long-term earnings...

JP Morgan has lowered the price target on CB Richard Ellis Group (NYSE: CBG) from $31 to $26 and maintains its Overweight rating.

Washington Real Estate Investment Trust (NYSE: WRE) has acquired a 199,000 square foot grocery-anchored shopping center in Olney, Maryland for $58.0 million. Olney Village Center is located in the heart of Olney, Maryland near the main intersection of Georgia Avenue (Route 97) and Sandy Spring...

Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) spiked 14.32% on Monday, and it closed at $48.55. This was the second trading session in a row that TNA closed higher. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) gained 11.79% as Bank of America Corp (NYSE: BAC) jumped 8.12%,...

J. W. Mays Inc (NASDAQ: MAYS) dipped 17.94% to $13.95 at 9:50 am. MAYS' trailing-twelve-month ROE is 1.33%. Tegal Corporation (NASDAQ: TGAL) shares fell 17.70% to $2.65. TGAL's trailing-twelve-month operating margin is -11,668.75%. Primero Mining Corp (NYSE: PPP) shares dipped 17.30% to $3.49....

Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) fell 7.95% on Thursday, and in the semiconductor space, Applied Materials, Inc. (NASDAQ: AMAT) lost 4.84%. ProShares UltraShort Silver (ETF) (NYSE: ZSL) dropped 7.45% as silver traded lower today. ZSL closed at $11.92, and it had a volume of...

Shares of CB Richard Ellis Group (NYSE: CBG) are higher on the session by 2.11%, currently trading at $14.99. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...

According to Bank of America, CB Richard Ellis (NYSE: CBG) price target is lowered to $23. Bank of America said that it argues the ongoing market turmoil will result in lower-than-expected 2H11 transaction levels. “Our lowered 2012E EPS of $1.42 is near the low end of consensus, but we are the...

Bank of America Merrill Lynch is out with a research report on Jones Lang LaSalle Inc (NYSE: JLL) and is lowering its price target to $92, but is keeping its Buy rating on shares. In a note to clients, Bank of America Merrill Lynch writes, "We argue the ongoing market turmoil will result in lower-...

Bank of America has lowered the price objective on CB Richard Ellis Group (NYSE: CBG) from $28 to $23 and maintains its Buy raitng.

Bank of America has lowered the price objective on Jones Lang LaSalle (NYSE: JLL) from $112 to $92 and maintains its Buy rating.

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) closed its fourth consecutive trading session higher on Friday. TVIX gained 10.90%, and closed at $59.94. ProShares Ultra Silver (ETF) (NYSE: AGQ) gained 10.18% today as silver continued to move higher. AGQ closed at $241.57, and it had a...

Stifel Nicolaus has upgraded Brookfield Office Properties (NYSE: BPO) from Hold to Buy and has established a $20 price target.

Envoy Capital Group Inc (NASDAQ: ECGI) dipped 94.96% to $0.10 at 9:55 am. ECGI reported a Q3 net loss of $0.6 million. SinoHub Inc (AMEX: SIHI) fell 38.10% to $0.65. SIHI reported its Q2 net income at US$1.0 million, down from US$3.4 million, in the year-ago quarter. China Housing and Land...

Reis, Inc. (Nasdaq: REIS) today announced that its Board of Directors has authorized the Company to repurchase up to an aggregate of $1,000,000 of the Company's shares of common stock. Previously, the Board had authorized the repurchase of an aggregate of $4,000,000 of the Company's shares, which...