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Cousins Properties Reports Q4 $(0.09) vs. $(0.03)
Monday, February 7, 2011 - 4:03pm | 131Cousins Properties Incorporated (NYSE: CUZ) today reported its results of operations for the quarter and year ended December 31, 2010. Funds from Operations Available to Common Stockholders was $10.0 million, or $0.10 per share, for the fourth quarter of 2010 compared with $7.3 million, or $0.07...
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KBW Comments on St. Joe Company's Proposed Changes to Its Board of Directors (JOE)
Monday, February 7, 2011 - 10:40am | 127KBW is out with its report today on St. Joe Company (NYSE: JOE), commenting on proposed changes to JOE's board of directors. In a note to clients, KBW writes, "CNBC reports that Bruce Berkowitz is proposing changes to JOE's board of directors, with the removal of 4 long time directors, and...
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Goldman Sachs Downgrades Jones Lang LaSalle and CB Richard Ellis to Neutral (JLL, CBG)
Monday, February 7, 2011 - 10:23am | 172Goldman Sachs is out with its report today on Jones Lang LaSalle (NYSE: JLL and CB Richard Ellis (NYSE: CBG), downgrading both companies from Buy to Neutral. In a note to clients, Goldman Sachs writes, "We downgrade leading commercial real estate brokers Jones Lang LaSalle and CB Richard Ellis to...
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Goldman Sachs Downgrades JLL and CBG to Neutral
Monday, February 7, 2011 - 9:15am | 135Goldman Sachs is out with a research report this morning, where it downgrades shares of Jones Lang LaSalle (NYSE: JLL) and CB Richard Ellis (NYSE: CBG) to Neutral, from Buy; it has $100.00 and $25.00 price targets on the stocks, respectively. The GS analysts said that they are downgrading the...
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Benzinga's Top Downgrades (NVDA, GLW, SAFM, CBG)
Monday, February 7, 2011 - 8:27am | 137NVIDIA Corporation (NASDAQ: NVDA) was downgraded by ThinkEquity from "buy" to "hold." NVDA's shares closed at $25.67 on Friday. NVIDIA's PEG ratio is 2.84. Analysts at Citigroup downgraded Corning Incorporated (NYSE: GLW) from “buy” to “hold.” GLW's stock closed at $23.37 on Friday. Corning's...
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Goldman Downs CBG To Neutral
Monday, February 7, 2011 - 7:00am | 53Analysts at Goldman downgrade CB Richard Ellis Group Inc (NYSE: CBG) from “buy” to “neutral.” The target price for CBG has been raised from $23 to $25. CBG shares gained 0.71% to close at $23.95 on Friday. More Analyst Ratings here
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CB Richard Ellis Group Down 3.3% Despite Earnings Beat (CBG)
Friday, February 4, 2011 - 10:57am | 277Shares of Los Angeles, California-basedCB Richard Ellis Group Inc. (NYSE: CBG) are currently down 3.3% at $22.99 per share during Friday morning trading. Today's trading range for shares of CB Richard Ellis Group Inc has been between $22.71 and $22.71 per share. The consensus price target of...
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Jones Lang's Superb Fiscal Result - Analyst Blog
Wednesday, February 2, 2011 - 6:01pm | 701Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), reported fourth quarter 2010 net income of $84 million or $1.91 per share compared to $52 million or $1.19 in the year-earlier quarter. Excluding non-recurring items, earnings were $86 million or $1.94 per...
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Jones Lang's Superb Fiscal Result - Analyst Blog
Wednesday, February 2, 2011 - 5:30pm | 701Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), reported fourth quarter 2010 net income of $84 million or $1.91 per share compared to $52 million or $1.19 in the year-earlier quarter. Excluding non-recurring items, earnings were $86 million or $1.94 per...
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St. Joe Is Basically A Land Trust -Berkowitz On CNBC (JOE)
Wednesday, February 2, 2011 - 12:12pm | 80As investors know, David Einhorn of Greenlight Capital Reinsurance (NASDAQ: GLRE) and David Berkowitz have been having a war about the value of St. Joe (NYSE: JOE). On CNBC today, Berkowitz says that if St. Joe were to go private at these levels, it would not be in the best interests of...
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BXP Completes Bay Colony Acquisition - Analyst Blog
Wednesday, February 2, 2011 - 8:22am | 458Boston Properties Inc. (BXP), a real estate investment trust (REIT), has recently completed the acquisition of Bay Colony Corporate Center, an office park in Waltham, Massachusetts, for $185 million. The purchase price included approximately $41.1 million in cash and the assumption of $143.9...
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BXP Completes Bay Colony Acquisition - Analyst Blog
Wednesday, February 2, 2011 - 8:00am | 458Boston Properties Inc. (BXP), a real estate investment trust (REIT), has recently completed the acquisition of Bay Colony Corporate Center, an office park in Waltham, Massachusetts, for $185 million. The purchase price included approximately $41.1 million in cash and the assumption of $143.9...
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Bruce Berkowitz To Be On CNBC Tomorrow (JOE, AIG, CIT, SHLD)
Tuesday, February 1, 2011 - 1:06pm | 88David Faber has announced that Bruce Berkowitz will be on CNBC tomorrow to discuss various topics. His holdings include St. Joe (NYSE: JOE), American International Group (NYSE: AIG) and CIT Group (NYSE: CIT) among others. Berkowitz is set to speak at the Harbor Investment Conference this week,...
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Earnings Scorecard: Boston Properties - Analyst Blog
Monday, January 31, 2011 - 11:24am | 834Boston Properties Inc. (BXP), a leading real estate investment trust (REIT), reported fiscal 2010 fourth quarter recurring funds from operations (FFO) of $1.14 per share, which well exceeded the Zacks Consensus Estimate by 6 cents. Fund from operations, a widely used metric to gauge the...
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Earnings Scorecard: Boston Properties - Analyst Blog
Monday, January 31, 2011 - 11:00am | 834Boston Properties Inc. (BXP), a leading real estate investment trust (REIT), reported fiscal 2010 fourth quarter recurring funds from operations (FFO) of $1.14 per share, which well exceeded the Zacks Consensus Estimate by 6 cents. Fund from operations, a widely used metric to gauge the...