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Education Realty Trust Prices Common Stock Offering
Wednesday, January 5, 2011 - 8:55am | 52Education Realty Trust, Inc. (NYSE: EDR) today announced that it has priced its public offering of 11,500,000 shares of its common stock at a price to the public of $7.30 per share. The offering was increased in size from the originally contemplated 9,500,000 shares of common stock.
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Education Realty to Offer Shares - Analyst Blog
Wednesday, January 5, 2011 - 8:30am | 493Education Realty Trust Inc. (EDR), a real estate investment trust (REIT) that owns, develops, and operates collegiate housing properties across the U.S., has recently announced its offer of 9.5 million common shares to raise cash and increase its liquidity. The company will also grant the...
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Benzinga's Top ETF Gainers (ZSL, DRV, SCO, GLL)
Tuesday, January 4, 2011 - 4:50pm | 189ProShares UltraShort Silver (ETF) (NYSE: ZSL) gained 5.92% today, as silver traded sharply lower and ProShares UltraShort Gold (ETF) (NYSE: GLL) added 4.81% on the weakness in gold. After a huge rally in both gold and silver, investors decided that it is time for some profit taking. Direxion Daily...
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Education Realty Trust Announces Stock Offering
Tuesday, January 4, 2011 - 4:03pm | 72Education Realty Trust, Inc. (NYSE: EDR) today announced that it plans to sell 9,500,000 shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase up to 1,425,000 additional shares of common stock to cover...
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Parsing Through ETFs For REITs' Extended Rally
Monday, January 3, 2011 - 2:39pm | 454They were once supposed to be the "next shoe to drop" in the financial services sector during the global financial meltdown and while there were some bankruptcies and dividend cuts, REITs survived (for the most part) and enjoyed solid returns as a group in 2010. This much is clear: Investors still...
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Sun Communities Declares Fourth Quarter 2010 Dividend of $0.63
Monday, January 3, 2011 - 10:12am | 47Sun Communities, Inc. (NYSE: SUI) today announced its Board of Directors declared a quarterly dividend of $0.63 per share for the fourth quarter of 2010. The dividend is payable January 21, 2011 to shareholders of record January 12, 2011. Sun Communities has 19.9 million shares outstanding.
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Associated Estates Announces New VP
Monday, January 3, 2011 - 8:50am | 32Associated Estates Realty Corporation (Nasdaq: AEC) announced today that Bradley A. Van Auken has been elected Vice President, General Counsel and Secretary, effective January 1, 2011.
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CRL for Alimera's Eye drug - Analyst Blog
Tuesday, December 28, 2010 - 11:00am | 480Recently, Alimera Sciences Inc. (ALIM) faced a huge blow when the US Food and Drug Administration (FDA) refused to approve its lead candidate Iluvien in the present form due to insufficiency of data and issued a complete response letter (CRL). Moreover, the US regulatory body, while issuing the...
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CRL for Alimera's Eye drug - Analyst Blog
Tuesday, December 28, 2010 - 9:45am | 480Recently, Alimera Sciences Inc. (ALIM) faced a huge blow when the US Food and Drug Administration (FDA) refused to approve its lead candidate Iluvien in the present form due to insufficiency of data and issued a complete response letter (CRL). Moreover, the US regulatory body, while issuing the...
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Vivus Seeks EU Nod for Qnexa - Analyst Blog
Monday, December 27, 2010 - 9:30am | 609Vivus, Inc. (VVUS) recently announced that it has filed a Marketing Authorization Application (MAA) with the European Medicines Agency (EMA) seeking approval for Qnexa. The company is looking to get Qnexa approved in the EU for the treatment of obesity (in conjunction with a mildly hypocaloric...
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Vivus Seeks EU Nod for Qnexa - Analyst Blog
Monday, December 27, 2010 - 8:45am | 609Vivus, Inc. (VVUS) recently announced that it has filed a Marketing Authorization Application (MAA) with the European Medicines Agency (EMA) seeking approval for Qnexa. The company is looking to get Qnexa approved in the EU for the treatment of obesity (in conjunction with a mildly hypocaloric...
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Larry Ellison: Watch Out H-P (HPQ, ORCL)
Monday, December 20, 2010 - 10:26am | 317Larry Ellison and Oracle (NASDAQ: ORCL) are gunning for you Hewlett-Packard (NYSE: HPQ), so you better watch out, and you better not cry. You better not pout, because he's about to tell you why. Oracle is rapidly gaining ground on HP and IBM (NYSE: IBM) in the high-end server market Ellison said...
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Benzinga's Top Upgrades (NTAP, PCS, PPS, ITMN)
Monday, December 20, 2010 - 8:24am | 143NetApp Inc (NASDAQ: NTAP) was upgraded by Stifel Nicolaus from "hold" to "buy." NTAP's shares closed at $53.80 on Friday. NetApp's trailing-twelve-month ROE is 21.07%. RBC Capital upgrade MetroPCS Communications Inc (NYSE: PCS) from “sector perform” to “outperform.” PCS' shares closed at $12.08 on...
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UMH Properties Acquires 5 Manufactured Home Communities in Pennsylvania for $25.25M
Thursday, December 16, 2010 - 11:08am | 61UMH Properties, Inc. (NYSE: UMH) announced that, on December 15, 2010, it closed on the acquisition of 5 manufactured home communities located in Pennsylvania for a total purchase price of $24,250,000. With this closing, UMH owns 35 communities containing approximately 8,000 sites. These 5 all-age...
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MAA Announces Property Acquisitions Worth $57M
Wednesday, December 15, 2010 - 9:04am | 123Mid-America Apartment Communities, Inc. (NYSE: MAA) announced today that it has acquired two new apartment communities and entered the Charlotte, North Carolina market. On December 1, 2010, MAA acquired the 268-unit Bella Casita apartment community. The high-end, mid-rise multifamily and retail...