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Taubman Centers Declares Special Dividend of 18.34 Cents
Thursday, December 9, 2010 - 2:04pm | 37The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) declared a special dividend of $0.1834 per share. The special dividend is payable December 31, 2010 to shareholders of record on December 17, 2010.
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Taubman Centers Increases Dividend 5.4% to $0.4375
Thursday, December 9, 2010 - 2:00pm | 65The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.4375 per share of common stock, an increase of 5.4 percent. The common dividend is payable December 31, 2010 to shareholders of record on December 17, 2010. Since the company went public...
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Best Stocks For Creating A Passive Income Stream
Thursday, December 9, 2010 - 11:00am | 601Everyone would like to have a passive income stream. Passive income can help to supplement your existing income. The great thing about a passive income stream is that it is income that you do not work for on a full time day to day basis. Passive income is defined as income that you earn from...
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Equity One Prices Stock Offering at $16.90 per Share
Thursday, December 9, 2010 - 9:08am | 87Equity One, Inc. (NYSE: EQY) announced today the pricing of its underwritten public offering of 8.0 million shares of its common stock on December 8, 2010, at a price to the public of $16.90 per share. The Company also granted the underwriters a 30-day option to purchase up to an additional 1.2...
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Benzinga's Top ETF Gainers (CZI, FAS, DRV, UNG)
Wednesday, December 8, 2010 - 6:54pm | 235Direxion Daily China Bear 3x Shares ETF (NYSE: CZI) traded higher today, as the BNY China Select ADR Index struggled. China Mobile Ltd (ADR) (NYSE: CHL) fell 0.99%, and CNOOC Limited (ADR) (NYSE: CEO) dropped 1.92%. Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) also did well, it spiked...
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Equity One Announces Offering of 8.0M Shares
Wednesday, December 8, 2010 - 4:34pm | 97Equity One, Inc. (NYSE: EQY) announced today that it will issue and sell 8.0 million shares of its common stock in a public offering. Barclays Capital Inc. is acting as sole book running manager for the offering. The Company intends to use the net proceeds for the repayment of indebtedness,...
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Yields Blowing Out: How To Play It
Wednesday, December 8, 2010 - 12:35pm | 161With yields on government debt continuing to soar, anything interest rate sensitive will continue to get hit, and that includes real estate investment trusts. REITS are a preferred method of investment over bonds, as they also offer capital appreciation, in addition to high dividend payments. If...
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Hilliard Lyons Downgrades Gilmcher Realty From Buy To Neutral
Wednesday, December 8, 2010 - 9:56am | 23Hilliard Lyons is downgrading shares of Glimcher Realty Trust (NYSE: GRT) from Buy to Neutral.
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REITs Getting Hit (GGP, IYR, SPG)
Tuesday, December 7, 2010 - 3:08pm | 92Real estate investment trusts are taking a beating today, as most of them have turned negative and are diving down sharply. At last check, shares of General Growth Properties (NYSE: GGP), Simon Property Group (NYSE: SPG), and the iShares Dow Jones US Real Estate ETF (NYSE: IYR) all started plunging...
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FBR Capital Initiates Coverage On Arcadia Realty With An Outperform Rating And $21 PT
Tuesday, December 7, 2010 - 9:23am | 26FBR Capital is initiating coverage on Acadia Realty Trust (NYSE: AKR) with an Outperform rating and a $21 PT.
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FBR Capital Initiates Coverage On CDR With An Outperform Rating And $7 PT
Tuesday, December 7, 2010 - 9:20am | 27FBR Capital is initiating coverage on Cedar Shopping Centers Inc. (NYSE: CDR) with an Outperform rating and a $7 PT.
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Agree Realty Announces Dividend of $.51
Monday, December 6, 2010 - 2:20pm | 108Agree Realty Corporation (NYSE: ADC) today announced that its Board of Directors has declared its fourth quarter 2010 dividend for the Company's common stock. Fourth quarter 2010 cash dividend of $0.51 per share. The declared fourth quarter 2010 dividend when annualized equals $2.04 per share...
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PowerShares Introduces Four KBW Financial ETFs
Monday, December 6, 2010 - 2:00pm | 859PowerShares introduced four new ETFs based on KBW financial industry indexes on 12/02/2010. This marks the first time that PowerShares and KBW (Keefe, Bruyette & Woods) have teamed up in the ETF space. Seven other ETFs based on different KBW indexes are currently on the market under the SPDR...
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QE3 Is On It's Way: How To Play It
Monday, December 6, 2010 - 9:18am | 275Federal Reserve Chairman Ben Bernanke was on CBS's "60 Minutes" last night and he made the mention that more bond buying could be possible, if he felt it was necessary to stimulate. The launching of QE3 is on its way, and the United States is on its way to becoming to Japan. We're going to see no...
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Jefferies Raises Price Target on National Retail Properties (NNN)
Monday, December 6, 2010 - 8:16am | 21Jefferies raises its price target on National Retail Properties (NYSE: NNN) from $25 to $29.