-
Macerich Reports $108 Million FFO (MAC)
Tuesday, February 8, 2011 - 6:26am | 176Santa Monica, California-based Macerich Company (NYSE: MAC) on Tuesday morning released financial results. Macerich Company reported that its 4th quarter total funds from operations ("FFO") of $108.9 million, or 77 cents per share, down from $92.7 million, or 90 cents per share, a year earlier....
-
Benzinga's Top ETF Decliners, February 7th (GAZ, FAZ, UCO, DRV)
Monday, February 7, 2011 - 6:07pm | 197iPath Dow Jones-UBS Natural Gas Subindex Total Return ETN (NYSE: GAZ) dropped 4.97% on Monday, as natural gas traded lower. GAZ closed at $7.46, and had a volume of 365K traded shares. Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) fell 3.98%, and in the banking sector, Bank of America...
-
Benzinga's Top ETF Gainers, February 7th (BAL, FAS, SCO, DRN)
Monday, February 7, 2011 - 5:56pm | 211iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE: BAL) gained 5.91% in the regular trading session on Monday, as cotton futures jumped more than 4%. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) traded 3.98% higher on the strength in the banking sector. Bank of America...
-
Keefe, Bruyette & Woods Increase Simon Property Group PT To $110, Maintains Market Perform (SPG)
Monday, February 7, 2011 - 9:05am | 112Keefe, Bruyette & Woods increased its Simon Property Group (NYSE: SPG) price target to $110 and maintained Simon Property Group's Market Perform rating in a research report published today. In the report, Keefe, Bruyette & Woods states, "SPG reported strong 4Q10 results. Operating FFO/sh $1...
-
Jefferies Reiterates Buy on Ramco-Gershenson (RPT)
Friday, February 4, 2011 - 7:33am | 98Jefferies is out with its report this morning on Ramco-Gershenon (NYSE: RPT), reiterating Buy and a $15 PT. In a note to clients, Jefferies writes, "Given the valuation discount and our expectation of strong 2012 earnings growth, RPT screens as one of the more attractive 'Growth at a Reasonable...
-
Goldman Sachs Reinstates Buy Rating on Simon Property Group (SPG)
Thursday, February 3, 2011 - 10:07am | 120Goldman Sachs is out with a research report this morning, where it reinstates its Buy rating on Simon Property Group (NYSE: SPG); it has a $112.00 price target on the stock. The GS analysts said that they have removed the NR designation from mall REIT Simon Property and have added it to the Buy...
-
Goldman Sachs Reinstates Buy Rating on Simon Property Group (SPG)
Thursday, February 3, 2011 - 9:49am | 120Goldman Sachs is out with a research report this morning, where it reinstates its Buy rating on Simon Property Group (NYSE: SPG); it has a $112.00 price target on the stock. The GS analysts said that they have removed the NR designation from mall REIT Simon Property and have added it to the Buy...
-
Goldman Sachs Tags A Buy Rating on Simon Property Group
Thursday, February 3, 2011 - 8:37am | 201Goldman Sachs has removed the NR designation from mall REIT Simon Property (NYSE: SPG) and added it to the Buy List with a 12-month price target of $112, a 15% premium to NAV, indicating a 14% total return. Goldman Sachs positive view is based on improving growth outlook – it expects higher...
-
Stocks Going Ex Dividend the Second Week of February
Wednesday, February 2, 2011 - 11:49pm | 733Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
-
Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, January 31, 2011 - 8:43am | 341Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Actuate Corp (BIRT) Best Buy Co (BBY) Carrizo Oil & Gas (CRZO) Catalyst Health (CHSI) Cedar Shopping Centers (CDR) View the entire Zacks #5 Rank List. BEST BUY (BBY): Free Stock Analysis Report ACTUATE CORP (BIRT): Free...
-
Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, January 31, 2011 - 8:14am | 341Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Actuate Corp (BIRT) Best Buy Co (BBY) Carrizo Oil & Gas (CRZO) Catalyst Health (CHSI) Cedar Shopping Centers (CDR) View the entire Zacks #5 Rank List. BEST BUY (BBY): Free Stock Analysis Report ACTUATE CORP (BIRT): Free...
-
Calls Purchased on Developers Diversified Realty Corporation (DDR)
Thursday, January 27, 2011 - 10:43am | 138Shares of Developers Diversified Realty Corporation (NYSE: DDR) are higher on the session by 1.16%, currently trading at $13.96. The stock has been moving largely higher over the past five months and it is currently trading above 200-day moving average. Options traders are buying calls on the name...
-
Agree Realty Announces Acquisition of AT&T Store for $3.3M
Thursday, January 27, 2011 - 9:06am | 80Agree Realty Corporation (NYSE: ADC) today announced it has acquired a retail property net leased to AT&T (NYSE: T) located at the northwest corner of New Centre Drive and South College Road in Wilmington, North Carolina. The cost of the acquisition was approximately $3,300,000. The newly...
-
Simon adds Leasing, Management, and Marketing Duties at Los Angeles Shopping Center
Wednesday, January 26, 2011 - 9:17am | 65Simon Property Group, Inc. (NYSE: SPG) announced today that it will assume leasing, management, and marketing duties at The Shops at Montebello, a Los Angeles-area shopping center. Simon will commence these roles on Tuesday, February 1st. Simon undertakes these duties at the request of the owner of...
-
Benzinga's Top ETF Decliners, January 25th (PALL, TAN, UCO, DRV)
Tuesday, January 25, 2011 - 6:04pm | 210ETFS Physical Palladium Shares (NYSE: PALL) fell 3.88% on Tuesday, along with palladium futures. Palladium dropped more than 4% today. PALL closed at $77.71, and had a volume of 332K traded shares. Claymore/MAC Global Solar Index (ETF) (NYSE: TAN) dropped 3.69%, and closed at $8.09. First Solar,...