Residential REIT's

MAA (NYSE: MAA) announced today that it has completed the acquisitions of Palisades at Chenal Valley, a 248-unit apartment community located in Little Rock, Arkansas and The River's Walk at Celebrate Virginia, a 232-unit apartment community located in Fredericksburg, Virginia.

MAA (NYSE: MAA) announced today that Thomas L. Grimes, Jr. has been appointed Executive Vice-President and Chief Operating Officer.  Mr. Grimes joined the company in 1994 shortly after MAA's initial public offering and has served as Executive Vice-President and Director of Property Management...

MAA (NYSE: MAA) today announced that its board of directors voted to increase the quarterly common dividend by 5.2% to a quarterly payment of $0.66 per share, or $2.64 per share on an annual basis. 

Dynavax Technologies Corporation (NASDAQ: DVAX) today said that the U.S. Food and Drug Administration had concurred with the company's plan to submit a Biologics License Application for HEPLISAV for persons over 40 years of age, followed by a supplemental BLA for licensure of a specific regimen for...

MAA (NYSE: MAA) announced today that it has completed the acquisition of Aventura at Indian Lake Village, a 300-unit apartment community located in the Nashville metropolitan statistical area.

Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced the submission of a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for KALYDECO™ (VX-770, ivacaftor), a medicine in development that targets the defective protein that causes cystic fibrosis. KALYDECO (kuh...

Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) and Grupo Ferrer International, S.A., announced today that they entered into a commercial partnership for Adasuve™ (Staccato® loxapine). ADASUVE is Alexza's lead program, based on the company's proprietary technology, the Staccato system. Grupo Ferrer...

MAA (NYSE: MAA) today announced that its Board of Directors approved a quarterly common dividend of $0.6275 per share payable on October 31, 2011 to shareholders of record on October 14, 2011.

According to J.P. Morgan, UDR (NYSE: UDR) price target is raised to $27. J.P. Morgan said that it is updating its model and estimates post 2Q earnings. “We are raising our 2011 and AFFO estimate by a penny to $1.03 and maintaining our 2012 AFFO estimate of $1.16/share. Our estimates incorporate $1...

JP Morgan has raised the price target on UDR (NYSE: UDR) from $26 to $27 and maintains its Overweight rating.

MAA (NYSE: MAA) announced today that it has completed the acquisition of Birchall at Ross Bridge, a 240-unit upscale apartment community located in the highly desirable South sub-market of Hoover, Alabama in the Birmingham metropolitan statistical area. Birchall at Ross Bridge is a condo-quality...

According to Ladenburg Thalmann, Sun Communities (NYSE: SUI) coverage is initiated with a Buy rating. Ladenburg Thalmann said that it is initiating coverage on SUI with a Buy rating and $43 price target. “We like the turnaround nature of the SUI story.” Sun Communities closed yesterday at $35.66...

Ladenburg Thalmann has initiated coverage on Sun Communities (NYSE: SUI) with a Buy rating and $43 price target.

Samsung C&T said on Monday it was considering purchasing U.S. oil firm Parallel Petroleum from Apollo Global Management (NYSE: APO), for as much as $920 million. A Samsung C&T statement said: "We are actively pursuing oil, natural gas and mineral resource business and reviewing various...

Private equity firm Apollo Global Management (NYSE: APO) is getting ready to buy discount chain 99-Cent Only Stores (NYSE: NDN), according to sources speaking to the New York Post. The Schiffer-Gold family, owners of one-third of the shares, has indicated it is willing to team up with the highest...