-
General Growth Properties Down Sharply Since Reuters Report
Friday, June 3, 2011 - 1:38pm | 106Read More...General Growth Properties, Inc (NYSE: GGP) shares have done nothing but sell off since the report out of Reuters that the company would spin 35 of its non-core properties off into a real estate investment trust. At last check, shares were off 23 cents to $16.27, after having hit a high of $16.80...
-
Morgan Keegan Maintains Market Perform Rating on Cedar Shopping Centers
Thursday, June 2, 2011 - 8:04am | 145Read More...Cedar Shopping Centers Inc. (NYSE: CDR) announced that President and CEO Leo Ullman will retire, effective June 15, 2011, Morgan Keegan reports. “Bruce Schanzer has been named President and CEO to replace Mr. Ullman,” Morgan Keegan writes. “Last week, CDR announced the hiring of Phillip Mays as...
-
KBW Has Market Perform On Urstadt Biddle Properties Inc.
Thursday, June 2, 2011 - 7:33am | 117Read More...KBW has a Market Perform rating and a $20 price target on shares of Urstadt Biddle Properties Inc. (NYSE: UBA). In a note to clients, KBW writes, "Initiating coverage of small-cap niche strip shopping center REIT Urstadt Biddle Properties Inc. (UBA) with a Market Perform rating and a 12-month...
-
Benzinga's Top ETF Decliners, June 1st (AGQ, FAS, TNA, SOXL, DRN)
Wednesday, June 1, 2011 - 7:06pm | 254Read More...ProShares Ultra Silver (ETF) (NYSE: AGQ) led the decliners among the ETFs on Wednesday, with a loss of 9.69%. AGQ closed at $187.12, and it had a volume of 3.01M traded shares. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) dropped 9.53% today as Bank of America Corporation (NYSE: BAC)...
-
Cedar Shopping Centers Announces President and CEO Leo Ullman to Retire June 15, 2011
Wednesday, June 1, 2011 - 8:07am | 156Read More...Cedar Shopping Centers, Inc. (NYSE: CDR) a fully-integrated real estate investment trust focused primarily on the ownership, operation, development and redevelopment of supermarket-anchored shopping centers in coastal mid-Atlantic and Northeast coastal states today announced that Leo S. Ullman,...
-
Benzinga's Top ETF Decliners, May 31st (CZI, DPK, TVIX, DRV)
Tuesday, May 31, 2011 - 7:18pm | 185Read More...Direxion Daily China Bear 3x Shares ETF (NYSE: CZI) dropped 7.30% on Tuesday as PetroChina Company Limited (ADR) (NYSE: PTR) traded 3.27% higher. Direxion Daily Developed Markets Bear 3x Shares(ETF) (NYSE: DPK) closed its fifth consecutive trading session in the negative territory. DPK fell 5.88...
-
Post Properties Announces Donald C. Wood to Join Board of Directors
Tuesday, May 31, 2011 - 5:01pm | 46Read More...Post Properties, Inc. (NYSE: PPS), announced today that Donald C. Wood, age 50, President and CEO of Federal Realty Trust (NYSE: FRT), has been appointed to the Company's Board of Directors.
-
Following Simon Property Group Meetings, Goldman Sachs Comments on the Stock
Friday, May 27, 2011 - 8:44am | 138Read More...Following meetings with Chief Financial Officer Steve Sterrett, Goldman Sachs is commenting on Simon Property Group Inc. (NYSE: SPG). “In recent news, the company announced a letter of intent to build the first Premium Outlet Center in Canada, a site that is roughly three miles away from Tanger's...
-
National Retail Properties Announces New and Expanded $450 Million Unsecured Credit Facility
Wednesday, May 25, 2011 - 4:32pm | 66Read More...National Retail Properties (NYSE: NNN) announced the closing of a new $450 million unsecured credit facility, replacing its existing $400 million credit facility. The new facility matures May 2015, with an option to extend maturity to May 2016. The facility is priced at LIBOR plus 150 basis points...
-
Simon Property Group and Calloway REIT Announce Premium Outlets Coming to Canada
Monday, May 23, 2011 - 10:19am | 56Read More...Simon Property Group, Inc. (NYSE: SPG) and Calloway Real Estate Investment Trust announced today that they have signed a Letter of Intent to develop the first Premium Outlet Center® in Canada. The center will be located in the Town of Halton Hills, Ontario, just 15 minutes outside of Toronto.
-
Tanger Outlet Centers and The Peterson Companies Announce Joint Venture to Develop Tanger Outlets at National Harbor
Monday, May 23, 2011 - 8:33am | 157Read More...Tanger Factory Outlet Centers, Inc., (NYSE: SKT) and The Peterson Companies announced today that they have entered into an agreement to form an exclusive joint venture for the development, management and leasing of Tanger Outlets at National Harbor. National Harbor, the Washington, DC metro area's...
-
Ramco-Gershenson Acquires Grocery-Anchored Shopping Center in Metropolitan St. Louis, Missouri
Monday, May 23, 2011 - 8:03am | 95Read More...Ramco-Gershenson Properties Trust (NYSE: RPT) announced today that it has acquired Heritage Place, a 270,000 square foot shopping center in Creve Coeur, a suburb of St. Louis, Missouri. Heritage Place is anchored by a 74,721 square foot Dierberg's Supermarket. Dierberg's is a dominant upscale...
-
JP Morgan Raises PT On Acadia Realty Trust To $19
Monday, May 23, 2011 - 6:34am | 28Read More...JP Morgan has raised the price target on Acadia Realty Trust (NYSE: AKR) from $18 to $19 and maintains its Neutral rating.
-
Equity One Announces Pricing of 5M Share Offering at $19.42 per Share
Thursday, May 19, 2011 - 8:55am | 100Read More...Equity One, Inc. (NYSE: EQY) announced today the pricing of its underwritten public offering of 5.0 million shares of its common stock on May 18, 2011, at a price to the public of 19.42 per share. The Company also granted the underwriters a 30-day option to purchase up to an additional 750,000...
-
Jefferies Reiterates Hold Rating on Developers Diversified Realty
Thursday, May 19, 2011 - 8:01am | 95Read More...After “commendable efforts to delever its balance sheet over the past two years, the story at Developers Diversified Realty (NYSE: DDR) has shifted to more of an offensive mindset with a growing acquisition/development pipeline,” Jefferies reports. “That said, we reiterate our Hold rating as the...

