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CBL Announces Start of Construction on Phase II of The Forum at Grandview in Madison, MS
Tuesday, August 30, 2011 - 9:02am | 111CBL & Associates Properties, Inc. (NYSE: CBL), today announced the start of construction on phase II of The Forum at Grandview, a community center in Madison, MS. The 83,000-square-foot second phase will include anchors ULTA, Homegoods, PETCO and a national arts and crafts retailer along with...
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Weingarten Realty Closes $200 Million Term Loan
Tuesday, August 30, 2011 - 7:00am | 44Weingarten Realty (NYSE: WRI) announced today the closing of a $200 million unsecured term loan. The initial term of the loan is one year, and at the Company's option can be repaid at par after nine months.
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Notable Call Options Activity in Developers Diversified Realty
Monday, August 29, 2011 - 12:22pm | 107Shares of Developers Diversified Realty (NYSE: DDR) are higher on the session by 4.76%, currently trading at $11.89. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short...
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Benzinga's Top Upgrades
Thursday, August 25, 2011 - 6:53am | 135Analysts at Robert W. Baird upgraded Synchronoss Technologies Inc (NASDAQ: SNCR) from “neutral” to “outperform.” SNCR's shares closed at $26.80 yesterday. Synchronoss Technologies' trailing-twelve-month revenue is $201.38 million. Analysts at Bank of America upgraded Casey's General Stores Inc (...
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UPDATE: J.P. Morgan Lowers Price Target On Getty Realty To $18
Thursday, August 25, 2011 - 6:53am | 52According to J.P. Morgan, Getty Realty (NYSE: GTY) price target is lowered to $18. J.P. Morgan said that it is updating its GTY estimates following 2Q earnings and recent Marketing events. “We continue to rate GTY shares Underweight.” Getty Realty closed yesterday at $18.39.
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Financial Breakfast for August 25, 2011
Thursday, August 25, 2011 - 6:47am | 609This is your Benzinga news summary and traders' outlook for Thursday, August 25, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading slightly higher. At last check, Dow futures are up about 25 points and...
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JP Morgan Lowers PT On Getty Realty To $18
Thursday, August 25, 2011 - 5:55am | 27JP Morgan has lowered the price target on Getty Realty (NYSE: GTY) from $22 to $18 and maintains its Underweight rating.
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KBW Upgrades Pennsylvania REIT To Outperform, Lowers PT To $12
Thursday, August 25, 2011 - 5:15am | 30Keefe, Bruyette & Woods has upgraded Pennsylvania REIT (NYSE: PEI) from Market perform to Outperform and has lowered the price target from $16 to $12.
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Getty Realty Receives Rental Payment from Getty Petroleum Marketing
Wednesday, August 24, 2011 - 8:16am | 85Getty Realty Corp. (NYSE: GTY) announced that yesterday it received the full monthly rental payment due for August 2011 from its largest tenant, Getty Petroleum Marketing Inc., under its Master Lease and other leases with Marketing. The Company is continuing to review issues pertaining to the...
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Seattle Genetics Announces Initiation of a Phase II Clinical Trial of ADCETRIS™ in CD30-Positive Non-Hodgkin Lymphoma
Tuesday, August 23, 2011 - 8:00am | 190Seattle Genetics, Inc. (NASDAQ: SGEN) today announced that it has initiated a phase II clinical trial of ADCETRIS™ (brentuximab vedotin) for patients with relapsed or refractory CD30-positive non-Hodgkin lymphomas, including diffuse large B-cell lymphoma, peripheral T-cell lymphoma and other less...
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Notable Call Options Activity in Kimco Realty
Monday, August 22, 2011 - 1:03pm | 87Shares of Kimco Realty (NYSE: KIM) are higher on the session by 1.17%, currently trading at $16.39. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day average. Options traders are focusing on calls today. A short while ago the January 2012...
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Regency Centers Purchases Oak Shade Town Center for $35 Million
Monday, August 22, 2011 - 9:31am | 50Regency Centers (NYSE: REG) closed on the acquisition of Oak Shade Town Center, a 103,762 square foot neighborhood shopping center anchored by Safeway, Rite Aid and OfficeMax in Davis, CA. The property was purchased on August 18 for $35 million from the center's original owner.
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Benzinga's Top ETF Gainers, August 19th (TVIX, AGQ, TYP, DRV)
Friday, August 19, 2011 - 7:15pm | 194VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) closed its fourth consecutive trading session higher on Friday. TVIX gained 10.90%, and closed at $59.94. ProShares Ultra Silver (ETF) (NYSE: AGQ) gained 10.18% today as silver continued to move higher. AGQ closed at $241.57, and it had a...
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UPDATE: Seattle Genetics Announces FDA Accelerated Approval of ADCETRIS™ (Brentuximab Vedotin) for Two Indications
Friday, August 19, 2011 - 1:08pm | 171Seattle Genetics, Inc. (Nasdaq: SGEN) today announced that the U.S. Food and Drug Administration (FDA) has granted accelerated approval of ADCETRISTM (brentuximab vedotin) for two indications: (1) the treatment of patients with Hodgkin lymphoma after failure of autologous stem cell transplant (ASCT...
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UPDATE: KeyBanc Upgrades Acadia Realty Trust from Hold to Buy
Thursday, August 18, 2011 - 7:49am | 86KeyBanc has published a research report on Acadia Relaty Trust (NYSE: AKR), upgrading the company's stock. In the report, KeyBanc wrote, "We favor AKR's strategy to acquire urban/street retail properties in densely populated submarkets, which we think could set AKR apart from other retail REITs...