Retail REIT's

Goldman Sachs is out with a research report this morning, where it takes a look at Taubman Centers Inc. (NYSE: TCO); it is currently Buy rated, though that appears to be under review. The GS analysts cited the company's recently release quarterly earnings, which were both Goldman's and the Street'...

Taubman Centers, Inc. (NYSE: TCO) today announced its financial results for the third quarter of 2010. Net income (loss) allocable to common shareholders per diluted share (EPS) was $0.01 for the quarter ended September 30, 2010, up from $(1.77) for the quarter ended September 30, 2009. EPS for...

Cedar Shopping Centers, Inc. (NYSE: CDR) today announced that it has completed fixed-rate long-term financing on Swede Square, a 98,000 sq. ft. shopping center on the Germantown Pike in East Norriton, Pennsylvania, approximately ten miles from downtown Philadelphia. It is anchored by an L.A....

Hessam Nadji of Marcus & Millichap talked on CNBC with Erin Burnett about the recovery in the commercial real estate sector. He said that there is some improvement in investor sentiment, which is reacting to the job loss bottoming and leveling off of vacancies. He added that it looks like that...

The Developers Diversified Realty Corp (NYSE: DDR) portfolio showed continued signs of improvements albeit off very weak prior comps, and FFO was slightly above expectations. Risks in the balance sheet remain, with debt/EBITDA ~8.9x, and while the recent extension of the unsecured revolver was a...

Citi initiates coverage on Federal Realty (NYSE: FRT) with a Hold rating. Federal is unique in the US REIT space with infill shopping centre assets in solid demographics. This asset exposure has enabled FRT to outperform both shopping centre and mall REIT peers on a SSNOI and occupancy basis....

Developers Diversified (NYSE: DDR) reported operating FFO of $0.25/sh, which was in-line with “our estimate and ahead of the $0.24/sh consensus,” Deutsche Bank reports. Excluded from operating FFO is roughly 10c of non-recurring, mostly non-cash items. “Portfolio metrics were largely ahead of our...

Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently refinanced two senior revolving credit facilities in two separate transactions to strengthen its liquidity and reduce its refinancing risks. Both the new revolving credit facilities are...

General Growth Properties, Inc (NYSE: GGP) is down sharply again today, one day after having been approved to emerge from bankruptcy. When General Growth filed for bankruptcy in April of 2009, it was the largest real estate bankruptcy in U.S. history. At the time, the stock was trading around 60...

Shares of CBL & Associates Properties, Inc. (NYSE: CBL) are higher on the session by 0.58%, currently trading at $15.69. The stock has been moving largely higher over the past four months and is currently trending higher above the 50-day and 200-day moving averages. First resistance is $16.59...

Cedar Shopping Centers, Inc. (NYSE: CDR) today announced that it has completed the purchase on behalf of the joint venture between Cedar (20%) and RioCan Real Estate Investment Trust of Toronto, Canada (80%), of five primarily supermarket-anchored properties, as previously disclosed, for...

Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) gained 6.65% on Wednesday, as the real estate stocks traded higher. Simon Property Group, Inc (NYSE: SPG) added 2.16% today, and Kimco Realty Corporation (NYSE: KIM) jumped 2.98%. Direxion Daily China Bull 3x Shares ETF (NYSE: CZM) traded 4.88%...

Shares of Getty Realty Corp (NYSE: GTY) are higher on the session by 5.15%, currently trading at $30.02. The stock has been moving largely higher over the past six months and is currently trading well above the 50-day and 200-day moving averages. Options traders are buying puts on the name today....

The broader market is moving sharply higher today, one day after sharply selling off yesterday. Boston Scientic (NYSE: BSX) is one name to note, as the stent maker reported better than expected earnings yesterday, and is the top gainer in the S&P 500, gaining 10.4% to $6.59, a gain of 62 cents...