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Earnings Scorecard: Vornado Realty Trust - Analyst Blog
Monday, August 16, 2010 - 3:35pm | 811Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), reported recurring funds from operations (FFO) of $1.18 per share for the fiscal 2010 second quarter, which exceeded the Zacks Consensus Estimate by 12 cents. Funds from operations, a widely used metric to gauge the...
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Zacks #5 Rank Additions for Friday - Tale of the Tape
Friday, August 13, 2010 - 8:40am | 345Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Aaron's, Inc (AAN) CDC Corp (CHINA) E-House (China) Holdings Ltd (EJ) Kinetic Concepts Inc (KCI) Lowe's Companies Inc (LOW) View the entire Zacks #5 Rank List. AARONS INC (AAN): Free Stock Analysis Report CDC CORP (...
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Benzinga's Top ETF Decliners (TYH, UCO, SOXL, DRN)
Thursday, August 12, 2010 - 3:45pm | 207Direxion Daily Technology Bull 3x Shares (ETF) (NYSE: TYH) dropped 5.54% today, and Cisco Systems, Inc. (NASDAQ: CSCO) and Oracle Corporation (NASDAQ: ORCL) were among the worst performers. CSCO dropped 9.99%, and Oracle (ORCL) fell 3.05%. ProShares Trust ProShares Ultra DJ-UBS Crude Oil (NYSE:...
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Goldman Sachs Makes Adjustment To its Conviction Buy List (CME, CBG, BKD, BX, SPG)
Thursday, August 12, 2010 - 9:19am | 167Goldman Sachs (NYSE: GS) is out with a research report this morning, where it makes adjustments to its Conviction Buy List. Some of the companies added to the list, solidifying GS’s bullishness on the names, include: • Brookdale Senior Living Inc. (NYSE: BKD): note that this stock was seeing...
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Cousins Properties Misses Estimates - Analyst Blog
Tuesday, August 10, 2010 - 11:10am | 502Cousins Properties Inc. (CUZ), a real estate investment trust (REIT), reported second quarter 2010 FFO (fund from operations) of $7.9 million or 8 cents per share, compared with ($64.9) million or ($1.26) in the year-earlier quarter. Fund from operations, a widely used metric to gauge the...
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Benzinga's Top ETF Decliners (DRV, SGG, GAZ, UNG, TZA)
Monday, August 9, 2010 - 3:52pm | 187Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) fell 3.47% today, as the real estate stocks traded higher. Kimco Realty Corporation (NYSE: KIM) gained 1.26% today, and Vornado Realty Trust (NYSE: VNO) jumped 1.64%. iPath Dow Jones-AIG Sugar Total Return Sub-Index ETN (NYSE: SGG) fell 3.98%...
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The Daily Long and Short Setup
Monday, August 9, 2010 - 7:28am | 75Futures continue to hold the line as we inch closer to the open, making for a realistic challenge of the 1130 level on the S&P today. LONG: E-House Holdings (EJ) Read more...
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CSC Makes Headway - Analyst Blog
Friday, August 6, 2010 - 8:49am | 608The technology consulting and business process outsourcing company, Computer Science Corporation (CSC) is securing order extensions at regular intervals. Latest in this series is a 10 year order extension, secured by the company’s Business Process Outsourcing (BPO) division at one of the largest...
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Vornado Tops Estimates - Analyst Blog
Thursday, August 5, 2010 - 1:11pm | 488Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), reported second quarter 2010 FFO (funds from operations) of $204.8 million or $1.11 per share, versus $93.5 million or $0.54 in the year-earlier quarter. Fund from operations, a widely used metric to gauge the performance of...
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Zacks Bull and Bear of the Day Highlights: MWI Veterinary Supply, Becton, Dickinson, Vornado, Simon Property and Jones Lang LaSalle - Press Releases
Thursday, August 5, 2010 - 7:53am | 1925For Immediate Release Chicago, IL –August 05, 2010 – Zacks Equity Research highlights: MWI Veterinary Supply (MWIV) as the Bull of the Day and Becton, Dickinson (BDX) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Vornado (VNO), Simon Property (SPG) and Jones Lang...
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ISM: Services Sector Accelerating - Analyst Blog
Wednesday, August 4, 2010 - 12:12pm | 996The Institute for Supply Management’s (ISM) Non-Manufacturing, or Services index rose to 54.3 in July from 53.8 in June. It was also far better than the consensus expectation of 53.0. Like its “older brother,” the ISM Manufacturing index, any reading over 50 indicates that the economy in that...
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Bruce Berkowitz Adds Morgan Stanley To Fairholme Capital (MS)
Tuesday, August 3, 2010 - 2:34pm | 173Bruce Berkowitz has added a position in Morgan Stanley (NYSE: MS) to his Fairholme Capital fund according to Market Folly. The rest of the portfolio is broken down like this: 1. Sears Holdings (SHLD): 7.7% of the portfolio 2. AIG (AIG): 6.8% 3. Citigroup (C): 5.4% 4. Goldman Sachs (GS): 5.4% 5....
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Washington REIT Reports In-Line Earnings (WRE)
Thursday, July 29, 2010 - 4:42pm | 199Washington 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...
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CB Richard Ellis Group Beats; Shares Rally (CBG)
Tuesday, July 27, 2010 - 4:13pm | 180CB 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...
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Benzinga’s Top Upgrades (LSE, SNE, SVVS, CNL)
Tuesday, July 27, 2010 - 5:55am | 152CapLease 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...