-
Citi Comment On Taubman Centers At Global Property CEO Conference
Tuesday, March 15, 2011 - 8:02am | 152In a report published by Citi, Taubman Centers (NYSE: TCO) presented at Citi's 2011 Global Property CEO Conference. Citi said that TCO's CEO, Robert Taubman, commented that the positive shift in the economy will allow the company to dive into their previously announced 4-prong growth strategy. “...
-
Celamin Holdings NL (ASX:CNL) Update On Companies Projects And Activities
Sunday, March 13, 2011 - 9:35pm | 855Melbourne, Mar 14, 2011 (ABN Newswire) - Celamin Holdings NL (ASX:CNL) is please to update on companies projects and activities. Bir El Afou Phosphate Project 1. Field Activities Celamin's work in the Bir El Afou (BEA) permit area has been significantly expedited by the co-operation and local...
-
Taubman Centers to Present at the Citi 2011 Global Property CEO Conference
Thursday, March 10, 2011 - 2:24pm | 58Taubman Centers, Inc. (NYSE: TCO) today announced that Robert S. Taubman, chairman, president and chief executive officer, and Lisa A. Payne, vice chairman and chief financial officer, will participate in a company roundtable presentation to the investment community at the Citi 2011 Global Property...
-
Options Brief: Glimcher Realty Trust (GRT)
Thursday, March 10, 2011 - 10:26am | 94Shares of Glimcher Realty Trust (NYSE: GRT) are lower on the session by 1.64%, trading at $8.99. Overall call volume is now running at 16.29x the daily average, with 0% of all calls traded being purchases on the offer. 1,010 contracts have traded on the session so far. Glimcher Realty Trust is...
-
Regency Centers Management to Present at Citi Global Property CEO Conference
Thursday, March 10, 2011 - 10:16am | 43Regency Centers Corporation (NYSE: REG) announced today that the Company will participate in the Citi Global Property CEO Conference and is scheduled to give a presentation on Monday, March 14th at 2:15 p.m.
-
Weingarten Realty Investors Announces Q1 Earnings Release (WRI)
Thursday, March 10, 2011 - 9:01am | 98Weingarten Realty Investors (NYSE: WRI) announced today that its first quarter 2011 earnings will be released after the market closes on Wednesday, May 4, 2011. Senior Management will host a conference call the next day, Thursday, May 5, 2011 at 10:00 a.m. (Central Daylight Time). To participate...
-
Realty Income Announces Pricing of 7.5 Million Share Common Stock Offering to Fund Property Acquisitions
Wednesday, March 9, 2011 - 8:54am | 102Realty Income Corporation (NYSE: O) today announced that a public offering of 7,500,000 shares of the Company's common stock has been priced at $34.81 per share and is expected to close on March 14, 2011. Net proceeds from the offering, after underwriting discounts and estimated offering expenses...
-
J.P. Morgan Comments On Developers Diversified Reality's 4Q Earnings
Wednesday, March 9, 2011 - 8:44am | 113In a report published J.P. Morgan, post Developers Diversified Realty's (NYSE: DDR) 4Q earnings, it is publishing its updated model and 2011/2012 estimates. J.P. Morgan said that its new “headline” 2011 FFO/share estimate is $0.87, which includes approximately $0.08 of estimated one-time charges...
-
Realty Income Corporation Announces Public Offering of 6M Shares
Tuesday, March 8, 2011 - 4:07pm | 57Realty Income Corporation (NYSE: O), today announced that it has commenced an underwritten public offering of 6,000,000 shares of common stock. The company also plans to grant the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock to cover overallotments, if...
-
Deutsche Bank Report Nothing Earth Shattering Came Out Of Analyst Day At Developers Diversified
Tuesday, March 8, 2011 - 8:19am | 98In a report published by Deutsche Bank, Developers Diversified's (NYSE: DDR) analyst day revealed few surprises. Deutsche Bank said that nothing earth-shattering came out of the company's Analyst/Investor Day yesterday. “Nevertheless, we believe the company communicated a clear, united commitment...
-
J.P. Morgan Maintains Underweight on Getty Realty (GTY)
Tuesday, March 8, 2011 - 8:19am | 135J.P. Morgan is out with its report today on Getty Realty (NYSE: GTY), maintaining Underweight. In a note to clients, J.P. Morgan writes, "Ultimately, the amount of rent GTY can generate from the assets will dictate valuation, and at this point it is unclear what fair rent would be. In our view,...
-
J.P. Morgan Reiterates Hold On Developers Diversified Realty (DDR)
Tuesday, March 8, 2011 - 8:10am | 129J.P. Morgan is out with its report on Developers Diversified Realty (NYSE: DDR), reiterating its Hold rating. In the report, J.P. Morgan writes "Despite the discounted multiple and our view that the company's 2011 core growth will be above average (versus the strip center REIT group), we maintain a...
-
Macerich Acquires Full Ownership of Desert Sky Mall in Arizona for $27.6M
Monday, March 7, 2011 - 12:44pm | 132Macerich (NYSE: MAC) today announced the purchase of the remaining 50% ownership stake in Desert Sky Mall from J.C. Penney Co.'s (NYSE: JCP) JCP Realty. The total purchase price was $27.6 million which included the assumption of a pro rata share of the property debt. Concurrent with the...
-
Realty Income to Acquire up to $544M of Net Lease Properties
Monday, March 7, 2011 - 9:00am | 103Realty Income Corporation (NYSE: O), announced today that it has signed definitive purchase agreements to acquire up to 33, single-tenant, retail, distribution, office and manufacturing properties under long-term, net-lease agreements for approximately $544 million. While Realty Income's...
-
KBW Comments On BFS 10K
Monday, March 7, 2011 - 7:24am | 80Saul Centers Inc. (NYSE: BFS) released its 10K Friday, “which had some additional details following earnings,” KBW reports. “BFS reported $0.56 FFO/share (excl. debt retirement & acquisition costs), missing ests. on lower revenues and higher G&A,” KBW writes. “SS metrics lower on occupancy...