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Cedar Shopping Centers Purchases Development Property in Northeast Philadelphia
Tuesday, October 19, 2010 - 3:31pm | 151Cedar Shopping Centers, Inc. (NYSE: CDR) today announced that it has completed the purchase of 11501 Roosevelt Boulevard (U.S. Route 1) in Northeast Philadelphia, Pennsylvania for approximately $13.375 million, excluding closing costs and adjustments. The property consists of an existing 230,000...
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Agree Realty Announces Disposition of $4.12M Property
Monday, October 18, 2010 - 11:05am | 77Agree Realty Corporation (NYSE: ADC) today announced it has sold a 14,820 square foot Walgreens store located in Ocala, Florida. The $4,120,000 transaction closed on October 15, 2010. "We were able to take advantage of an opportunity to dispose of one of our Walgreens stores at an advantageous...
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10-18-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Monday, October 18, 2010 - 11:04am | 4053Stephen Bernard, AP Business Writer Stocks climb after Citigroup tops forecasts Stocks climb after Citigroup's 3rd-quarter results give financial stocks a lift NEW YORK (AP) — An upbeat start to a busy week of earnings pushed stocks higher Monday. Citigroup Inc.'s better-than-expected results...
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CBL & Associates Properties Inc. Announces Closing of $102.1M Stock Offering
Monday, October 18, 2010 - 10:06am | 182CBL & Associates Properties, Inc. (NYSE: CBL) announced today that it has closed an underwritten public offering of 4,400,000 depositary shares, each representing 1/10th of a share of its 7.375% Series D Cumulative Redeemable Preferred Stock with a liquidation preference of $25.00 per...
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General Growth Stronger Than Peers Today (GGP)
Friday, October 15, 2010 - 10:37am | 114Shares of General Growth Properties, Inc (NYSE: GGP) are significantly outperforming its REIT brethren today, up over 2%. Shares of competitors Simon Property Group (NYSE: SPG) and Vornado Realty Trust (NYSE: VNO), are up 60 cents and down 85 cents respectively. General Growth is set to emerge...
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A Peek Into The Market Before The Trading Starts
Friday, October 15, 2010 - 6:53am | 489Pre-open movers US stock futures were mixed as investors are awaiting speech by Federal Reserve Chairman Ben Bernanke. Several economic reports are also scheduled to release today. Futures on the Dow Jones Industrial Average fell 19 points to 11,033, while S&P 500 futures were down 1.50 points...
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National Retail Properties, Inc. Declares Common Dividend of $.38
Friday, October 15, 2010 - 6:15am | 60The Board of Directors of National Retail Properties, Inc. (NYSE: NNN) declared a quarterly dividend of 38 cents per share payable November 15, 2010 to common shareholders of record on October 29, 2010. This quarterly dividend payment brings the total dividend paid for 2010 to $1.51 per share,...
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Cedar Shopping Centers Closes Purchase of New Jersey Center for $26.3M
Wednesday, October 13, 2010 - 1:31pm | 133Cedar Shopping Centers, Inc. (NYSE: CDR) today announced that it has closed on the purchase of the Cross Keys Place shopping center in Sewell, New Jersey on behalf of the joint venture between Cedar (20%) and RioCan Real Estate Investment Trust of Toronto, Canada (80%) for approximately $26.3...
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Wells Fargo Initiates EQY With Market Perform
Friday, October 8, 2010 - 5:05am | 45Analysts at Wells Fargo Securities initiate coverage of Equity One Inc (NYSE: EQY) with a "market perform" rating. EQY's shares rose 0.74% to close at $17.70 yesterday. More Analyst Ratings here
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Regency Centers Sells $250 Million of Senior Unsecured Notes
Thursday, October 7, 2010 - 10:37am | 147Regency Centers Corporation (NYSE: REG) announced today that its operating partnership, Regency Centers, L.P., completed the sale of $250 million of 4.80% ten-year senior unsecured notes under its existing shelf registration statement. The notes are due April 15, 2021 and were priced at 99.860%....
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Tanger Declares Dividends
Thursday, October 7, 2010 - 7:20am | 104Tanger Factory Outlet Centers, Inc. (NYSE: SKT) announced today that its Board of Directors declared a dividend of $0.3875 per common share for the third quarter ended September 30, 2010. On November 15, 2010, a cash dividend of $0.3875 per share will be payable to holders of record on October 29...
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Realty Income Signs Agreement to Acquire Approximately $250 Million of Properties
Wednesday, October 6, 2010 - 8:41am | 114Realty Income Corporation (NYSE: O), announced today that it has signed a purchase agreement to acquire 136 retail properties for approximately $250 million under long-term, triple-net lease agreements. The properties are of a type the Company already has in its portfolio. While Realty Income's...
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Upside Purchased on Developers Diversified Realty (DDR)
Tuesday, October 5, 2010 - 9:35am | 213Shares of Developers Diversified Realty Corp. (NYSE: DDR) are higher on the session by 1.26%, currently trading at $12.06. The stock has been moving largely sideways for that past six months, with shares gaining a positive edge over the past three months. A break above $12.00 would be the...
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Intercontinental Exchange Higher On Futures Volumes, Raises Estimates
Tuesday, October 5, 2010 - 7:19am | 135While Intercontinental Exchange's (NYSE: ICE) trading volumes within ICE's core futures markets continue to grow y/y, the growth rates are moderating. Jefferies views the company as well positioned to benefit from the changing regulatory environment. However, at ~17x our 2011 EPS, the shares are...
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CBL Acquires Partner's Interest in Parkway Place Mall for $38.8M
Monday, October 4, 2010 - 8:01am | 66CBL & Associates Properties, Inc. (NYSE: CBL), today announced that it had acquired the remaining 50% interest in Parkway Place in Huntsville, AL from its joint venture partner, Colonial Properties Trust. The interest was acquired for a total consideration of $38.8 million, comprised of $17.9...