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Jefferies Initiates Tanger Factory Outlets At Hold
Wednesday, January 12, 2011 - 7:09am | 27Jefferies & Company has initiated coverage on Tanger Factory Outlet Centers (NYSE: SKT) with a Hold rating and $53 price target.
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Have Your Stocks Pay You Every Month: Over 275 to Choose From
Wednesday, January 12, 2011 - 12:09am | 715Income investors love the benefits of stocks that pay their dividends monthly, whether they are retired looking for income or active investors parking their profits. According to the Excel list that was just updated by WallStreetNewsNetwork.com, there are almost 300 different securities that pay...
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Zings Of The Day (SPG, GS)
Tuesday, January 11, 2011 - 4:14pm | 124Goldman Sachs (NYSE: GS) is going to disclose prop trading versus client trading, starting in this quarter's earnings release. One will be entitled: doing God's work. The other will be entitled: Heads we win, tails you lose. Simon Property Group (NYSE: SPG) has abandoned its bid for CSC, citing...
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Simon Property Drops Capital Offer - Analyst Blog
Tuesday, January 11, 2011 - 12:01pm | 655Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), has reportedly discarded its plans to acquire Capital Shopping Centers Group Plc (CSCG.L), the largest shopping center operator in the U.K. Simon Property initially made a $3.6 billion acquisition offer for Capital...
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Glimcher Realty Trust Completes Offering of Common Shares
Tuesday, January 11, 2011 - 11:49am | 97Glimcher Realty Trust (NYSE: GRT), announced today that it has completed a public offering of 14,822,620 common shares at a price of $8.30 per share, including 1,822,620 common shares issued and sold upon the exercise of the underwriters' option to purchase additional shares. Goldman, Sachs &...
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DDR Judicious: Outlook Echoes - Analyst Blog
Tuesday, January 11, 2011 - 11:31am | 626Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently provided an outlook for fiscal 2011 considering few discreet investment propositions to improve liquidity and credit metrics. The company expects 2011 operating FFO (fund from operations) in...
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Simon Property Drops Capital Offer - Analyst Blog
Tuesday, January 11, 2011 - 11:30am | 655Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), has reportedly discarded its plans to acquire Capital Shopping Centers Group Plc (CSCG.L), the largest shopping center operator in the U.K. Simon Property initially made a $3.6 billion acquisition offer for Capital...
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DDR Judicious: Outlook Echoes - Analyst Blog
Tuesday, January 11, 2011 - 11:00am | 626Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently provided an outlook for fiscal 2011 considering few discreet investment propositions to improve liquidity and credit metrics. The company expects 2011 operating FFO (fund from operations) in...
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Gun maker Manroy secures Middle East spare parts contract
Tuesday, January 11, 2011 - 2:35am | 326Manroy (LON:MAN), the UK based machine gun manufacturer, this morning reported that it had signed a £1.3m spare parts contract with a government in the Middle East and a three year technical support contract with the UK Ministry of Defence (MoD). Under the terms of the contract in the Middle East...
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Borders Up In Pre-Market On Restructuring Hopes (BGP)
Friday, January 7, 2011 - 8:48am | 105Shares of Borders Group, Inc. (NYSE: BGP) are 17% higher in pre-market trading on reports yesterday that the company is in talks with Jefferies (NYSE: JEF) about a potential restructuring of the company, as it hopes to stave off bankruptcy. Shares of Agree Realty Corporation (NYSE: ADC) were also...
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Top 4 Mid-Cap Stocks In The Property Management Industry With The Highest ROE (BPO, CBG, ALX, CIM)
Friday, January 7, 2011 - 1:13am | 139Below are the top mid-cap property management stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Brookfield Properties Corporation (NYSE: BPO) is 34.58%. BPO's profit margin for the same period is 54.62%. The trailing-twelve-month return on...
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Benzinga's Top ETF Gainers (SOXL, SCO, AGA, DRV)
Thursday, January 6, 2011 - 6:11pm | 188Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) spiked 5.54% on Thursday, as the PHLX Semiconductor Sector Index continued to move higher. This was the fourth consecutive session that SOXL closed higher. National Semiconductor Corporation (NYSE: NSM) gained 2.55% today, and closed at $14....
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Agree Realty Moving On Borders Restructuring (ADC, BGP)
Thursday, January 6, 2011 - 5:52pm | 99Agree Realty Corporation (NYSE: ADC) is sharply higher in after-hours trading, gaining almost 10% on back of news that Borders Group (NYSE: BGP) has hired Jefferies regarding a potential restructuring of the embattled book retailer. Investors were worried earlier in the week that Agree could be...
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Borders Up On Restructuring Note (BGP)
Thursday, January 6, 2011 - 4:32pm | 131Shares of Borders Group (NYSE: BGP) are sharply higher in after hours, gaining more than 20% on news that the company has hired Jefferies to restructure the company. Borders had stopped paying its vendors as it sees to straighten out its finances. Activist investor Bill Ackman has a 37% stake in...
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Agree Realty Acquires Fee Interest in Shelby Township Walgreens
Thursday, January 6, 2011 - 9:06am | 49Agree Realty Corporation (NYSE: ADC) today announced it has acquired the fee interest in the land underlying its Walgreens store located at the intersection of Van Dyke and 26 Mile Road in Shelby Township, Michigan. The cost of the land was approximately $2,200,000.