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Top 4 NYSE Stocks In The REIT-Diversified Industry With The Highest ROE
Thursday, August 18, 2011 - 3:37am | 135Below are the top REIT- diversified stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Cypress Sharpridge Investments (NYSE: CYS) is 19.31%. CYS' operating margin for the same period is 88.78%. The trailing-twelve-month return on equity at Chimera...
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UPDATE: Credit Suisse Raising Price Target On Simon Property Group
Tuesday, August 16, 2011 - 8:39am | 126Credit Suisse is out with a research report on Simon Property Group. Inc. (NYSE: SPG) and is raising its price target to $130, and it has an Outperform rating on shares. In a note to clients, Credit Suisse writes, ""Best in Class" Outlet Business/JV Takeouts set the company up for Upside Surprise...
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National Retail Properties, Inc. Announces Put Option Notification for 3.95% Convertible Senior Notes
Monday, August 15, 2011 - 7:20am | 176National Retail Properties, Inc. (NYSE: NNN) today announced that it is notifying holders of its outstanding 3.95% Convertible Senior Notes due 2026 (the "Notes") that, pursuant to the terms of the Notes and the indenture governing the Notes, they have the option to require the Company to purchase...
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Benzinga's Top ETF Decliners, August 11th (FAZ, EDZ, DRV, SOXS)
Thursday, August 11, 2011 - 5:39pm | 206Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) lost 16.93%, and closed at $59.89. In the financial space, Bank of America Corp (NYSE: BAC) gained 7.09%. Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) dropped 16.16% as Vale (ADR) (NYSE: VALE) jumped 5.07%, and Petroleo...
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Benzinga's Top ETF Gainers, August 11th (DRN, EDC, FAS, SOXL)
Thursday, August 11, 2011 - 5:29pm | 230Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) gained 16.00% on Thursday as Simon Property Group, Inc (NYSE: SPG) traded 6.15% higher, and Vornado Realty Trust (NYSE: VNO) jumped 5.84%. Direxion Daily Emerging Markets Bull 3x Shares(ETF) (NYSE: EDC) added 15.76%, and closed at $22.92. Vale (...
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UPDATE: Morgan Keegan Lowers Price Target on Regency Centers Corporation from $48 to $40
Wednesday, August 10, 2011 - 9:05am | 123Morgan Keegan has published a report on Regency Center Corporation (NYSE: REG) lowering the price target from $48 to $40. In the report, Morgan Keegan wrote, "REG reported 2Q 2011 FFO of $0.61/share. Recurring FFO (excluding one-time items) was $0.56/share, $0.03 below our estimate and $0.06 below...
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Morgan Keegan Lowers PT On Regency Centers To $40
Wednesday, August 10, 2011 - 8:07am | 28Morgan Keegan has lowered the price target on Regency Centers (NYSE: REG) from $48 to $40 and maintains its Market Perform rating.
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Morgan Keegan Lowers PT To $5 On KRG
Wednesday, August 10, 2011 - 7:51am | 99Morgan Keegan has lowered its price target on Kite Realty Group (NYSE: KRG) from $5.75 to $5 following the release of the company's 2Q numbers. Says Morgan Keegan, in its report, “Management maintained full-year 2011 FFO guidance of $0.40-0.45/share. We are raising our 2011 estimate by a penny to...
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Morgan Keegan Lowers PT On Kite Realty Group Trust To $5
Wednesday, August 10, 2011 - 5:26am | 30Morgan Keegan has lowered the price target on Kite Realty Group Trust (NYSE: KRG) from $5.75 to $5 and maintains its Market Perform rating.
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Benzinga's Top ETF Decliners, August 9th (DRV, FAZ, TVIX, TZA)
Tuesday, August 9, 2011 - 7:05pm | 196Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) dropped 28.87% on Tuesday, and it closed at $14.81. In the real estate space, Simon Property Group, Inc (NYSE: SPG) gained 11.37% in the regular trading session, but it lost 2.35% in the after hours. Direxion Daily Financial Bear 3X Shares(ETF...
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Benzinga's Top ETF Gainers, August 9th (DRN, FAS, URTY, EDC)
Tuesday, August 9, 2011 - 6:55pm | 215Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) jumped 28.91% on Tuesday, and closed at $47.17. In the real estate space, First Industrial Realty Trust, Inc. (NYSE: FR) gained 19.72%, and Simon Property Group, Inc (NYSE: SPG) added 11.37%. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE:...
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Top 4 Mid-Cap Stocks In The REIT-Retail Industry With The Highest Profit Margin
Tuesday, August 9, 2011 - 3:16am | 133Below are the top mid-cap REIT-retail stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at SL Green Realty Corporation (NYSE: SLG) is 60.25%. SLG's revenue for the same period is $1.26 billion. The trailing-twelve-month profit margin at Realty...
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Taubman to Acquire 90% Interest in Chinese Retail Property Consultancy TCBL
Monday, August 8, 2011 - 6:05pm | 71Taubman Centers (NYSE: TCO) and TCBL Consulting today announced a definitive agreement whereby Taubman Asia is acquiring a 90% controlling interest in TCBL, a leading Beijing-based retail real estate consultancy with more than 200 staff across seven offices in mainland China. The new company,...
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Benzinga's Top ETF Gainers, August 8th (TVIX, FAZ, DRV, TZA)
Monday, August 8, 2011 - 4:23pm | 206VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded 28.59% higher on Monday. This was the fifth trading session in a row that TVIX closed in the positive territory. Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) spiked 27.84%, and closed at $79.73 today. In the space, Bank of...
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Regency Centers Purchases Rockridge Center for $20.5 Million
Monday, August 8, 2011 - 3:17pm | 124Regency Centers (NYSE: REG) closed on the acquisition of Rockridge Center, a 125,213 square foot neighborhood shopping center anchored by Cub Foods. The property was purchased in an off-market transaction on August 8 for $20.5 million from private real estate development company Hempel Properties....