Real Estate Management & Development

Washington Real Estate Investment Trust (NYSE: WRE) reports Q2 Funds From Operations (FFO) of $0.50 versus estimates of $0.50. Washington Real Estate Investment Trust reports Q2 revenues of $75.1 million versus estimates of $76.71 million. Revenues decreased by 0.7% year over year. Net income...

CB Richard Ellis Group, Inc. (NYSE: CBG) reports Q2 earnings of $0.18 versus estimates of $0.09. CB Richard Ellis Group, Inc. reports Q2 revenues of $1.17 billion versus estimates of $1.01 billion. Revenue increased 23% year over year. Assets under management totaled $33.7 billion at the end of...

CapLease Inc (NYSE: LSE) was upgraded by Wells Fargo from "underperform" to "market perform." LSE’s shares closed at $4.99 yesterday. CapLease’s quarterly earnings rose 46.86% y/y. JP Morgan upgraded Sony Corporation (NYSE: SNE) from "neutral" to "overweight." SNE’s shares closed at $28.85...

Winthrop Realty Trust (NYSE: FUR) announced today that it has acquired for a purchase price of approximately $27 million, a $31.1 million first mortgage loan secured by a 276 unit class A apartment community in Tempe, Arizona. The loan, which bears interest at a blended rate of 5.88% and matures...

Xerox Corporation (XRX) showed an improvement in net earnings (adjusted) to $342 million or 24 cents per share in the second quarter of 2010 from $158 million or 18 cents per share in the last year’s quarter. This was attributable to an impressive growth in its Services segment, which is, in turn,...

Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) fell 11.41% today, as the real estate sector rebounded. Kimco Realty Corporation (NYSE: KIM) gained 5.49%, and Vornado Realty Trust (NYSE: VNO) added 4.69%. Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) fell 10.70%, as the Russell 2000...

Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) gained 5.71% and closed at $34.79 on Wednesday. In the space, Simon Property Group, Inc (NYSE: SPG) fell 2.39%, and Vornado Realty Trust (NYSE: VNO) dropped 2.06%. Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) closed higher today, after...

Direxion Daily Tech Bear 3x Shares(ETF) (NYSE: TYP) fell 2.72% today, and closed at $39.67. In the tech sector, QUALCOMM, Inc. (NASDAQ: QCOM) gained 2.64% and EMC Corporation (NYSE: EMC) added 2.60%. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) struggled today, along with the financial...

Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) fell 9.45% today, and closed at $34.21. It had a pretty good volume with 20.77M traded shares in Tuesday's trading session, while its average volume is 11.87M. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) is another bear ETF that struggled...

Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) fell 14.74% on Wednesday, as real estate sector stocks rallied. Vornado Realty Trust (NYSE: VNO) gained 4.83%, and Boston Properties, Inc. (NYSE: BXP) jumped 5.34%. Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) was also struggling...

For Immediate Release Chicago, IL – July 7, 2010 – Zacks.com Analyst Blog features: Accenture plc (ACN), Statoil ASA (STO), Procter & Gamble Company (PG), Sara Lee Corporation (SLE) and Cell Therapeutics, Inc. (CTIC). Get the most recent insight from Zacks Equity Research with the free Profit...

Recently, Accenture plc (ACN) announced that it had been awarded a 5-year business process outsourcing (BPO) contract by Norwegian energy company Statoil ASA (STO) to provide the latter with financial management services. As per the terms of the agreement, Accenture will reengineer Statoil’s...

Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) continued to move higher today, and this was its sixth consecutive trading session in the positive territory. DRV gained 6.60%, as Simon Property Group, Inc (NYSE: SPG) fell 2.28% and Vornado Realty Trust (NYSE: VNO) dropped 2.29%. Direxion Daily...

Investors Real Estate Trust (NASDAQ: IRET) was downgraded by Janney Montgomery from “neutral” to “sell.” IRET’s shares closed at $8.85 yesterday. Investors Real Estate Trust’s quarterly earnings tumbled 114.22%. Barclays Capital downgraded Southwestern Energy Company (NYSE: SWN) from “overweight”...