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J.P. Morgan Discusses CBL & Associates Earnings (CBL)
Wednesday, November 3, 2010 - 6:58am | 167J.P. Morgan Chase & Co. discusses CBL & Associates Properties (NYSE: CBL), which reported earnings yesterday. It has a Neutral rating and a $14 price target on shares. In a note to clients, J.P. Morgan writes, "Tuesday evening, CBL reported a fairly straightforward quarter in which FFO/...
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Goldman Discusses CBL & Associates Properties (CBL)
Wednesday, November 3, 2010 - 6:12am | 123Goldman Sachs has a research report on CBL & Associates Properties (NYSE: CBL) after it reported earnings. It has a Buy rating on shares. In a note to clients, Goldman writes, "The results reflect the improving trends in CBL's core mall portfolio and we expect further pressure on rents to...
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CBL & Associates Properties Reports Third Quarter 2010 Results: EPS of $0.47
Tuesday, November 2, 2010 - 3:10pm | 70CBL & Associates Properties, Inc. (NYSE: CBL): * Portfolio Same-Center NOI, excluding lease termination fees, increased 0.60% from the prior-year quarter. * Portfolio occupancy increased 180 basis points to 91.0% as of September 30, 2010, compared with September 30, 2009. * Reported...
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General Growth Emerging Next Week, Buy? (GGP)
Tuesday, November 2, 2010 - 11:26am | 278General Growth Properties Inc. (NYSE: GGP) is set to emerge from bankruptcy next week, on November 8. Investors or traders may want to look at the REIT for a couple of reasons. The first reason is the strength in Simon Propety Group's (NYSE: SPG) earnings yesterday. SPG knocked the cover off the...
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Simon Property Group Posts In-Line Earnings; Raises Dividend
Tuesday, November 2, 2010 - 10:36am | 197A recent Reuters report cited Simon Property Group (NYSE: SPG) Q3 results fell on debt related charges but tenant sales shot up more than 10%. SPG, the largest owner of U.S malls raised its outlook and quarterly dividend as well. Simon said on Monday that funds from operations, a key measure for...
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Company News for November 1, 2010 - Corporate Summary
Tuesday, November 2, 2010 - 10:00am | 754• Baker Hughes (NYSE: BHI) posted third quarter earnings of $0.54, $0.07 better-than-expected, on an 83% revenue surge to $4.1 billion, up from Street estimates of $3.8 billion • Humana (NYSE: HUM) beat estimates by $0.35 with third quarter adjusted earnings of $2.01, versus estimates of $1.66, on...
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Simon Property Marginally Misses - Analyst Blog
Tuesday, November 2, 2010 - 10:00am | 513Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), reported third-quarter 2010 FFO (funds from operations) of $318.5 million or 90 cents per share, compared to $473.1 million or $1.38 in the year-earlier quarter. Fund from operations, a widely used metric to gauge the...
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Simon Properties Downgraded to Neutral
Tuesday, November 2, 2010 - 9:22am | 28Hilliard Lyons downgrades Simon Property Group (NYSE: SPG) from Long-term Buy to Neutral. Simon Property Group is currently trading at $99.55.
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J.P. Morgan Reiterates Overweight on Simon Property Group (SPG)
Tuesday, November 2, 2010 - 8:18am | 214J.P. Morgan is out with a research report this morning, where it reiterates its Overweight rating on Simon Property Group (NYSE: SPG); it has a $103.00 price target on the stock. The J.P. Morgan analysts cited the company's recently announced quarterly earnings report, which beat the Street's...
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Alexander's Announces Third Quarter EPS of $3.50
Monday, November 1, 2010 - 8:19am | 142ALEXANDER'S, INC. (NYSE: ALX) today reported: Net income attributable to common stockholders for the quarter ended September 30, 2010 was $17.9 million, or $3.50 per diluted share, compared to $58.0 million, or $11.37 per diluted share, for the quarter ended September 30, 2009. Funds from...
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Simon Property Group Revenues Beat Estimates (SPG)
Monday, November 1, 2010 - 7:07am | 234Indianapolis, Indiana based real estate investment trust Simon Property Group, Inc. (NYSE: SPG) announced on Monday morning that its Funds from Operations (“FFO”) were in line with consensus Wall Street estimates, while it easily beat revenue expectations. Simon Property Group, Inc reported that...
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Weingarten Realty FFO Climbs To $48.7 Million (WRI)
Monday, November 1, 2010 - 6:07am | 178Weingarten Realty Investors (NYSE: WRI) released financial results on Monday morning. Weingarten Realty Investors announced that its 3rd quarter Funds from Operations (“FFO”), rose to $48.7 million, or 40 cents per share, up from $29.7 million, or 25 cents per share, a year earlier. The company...
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Earnings Scheduled For November 1 (BHI, APC, AGN, PTV, GLW, HUM, VMC, NU, CNA, PFG, ED, L, ICE, SPG)
Monday, November 1, 2010 - 4:49am | 344Baker Hughes (NYSE: BHI) is expected to report its Q3 earnings at $0.47 per share on $3.81 billion in revenue. Anadarko (NYSE: APC) is estimated to report its Q3 EPS at $0.31 on $2.65 billion in revenue. Allergan (NYSE: AGN) is forecast to post its Q3 EPS at $0.78 on revenue of $1.18 billion....
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PREIT Announces Quarterly Dividend of $.15
Friday, October 29, 2010 - 6:56am | 46Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share. The dividend will be paid on December 15, 2010 to common shareholders of record on December 1, 2010.
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Glimcher Reports Third Quarter 2010 Results: Loss of $0.06 Per Share
Thursday, October 28, 2010 - 3:36pm | 129Glimcher Realty Trust (NYSE: GRT) today announced financial results for the third quarter ended September 30, 2010. A description and reconciliation of non-GAAP financial measures to GAAP financial measures is contained in a later section of this press release. References to per share amounts are...