Retail REIT's

Analysts at Keefe Bruyette initiate coverage of Ramco-Gershenson Properties Trust (NYSE: RPT) with an "outperform" rating. The target price for RPT is set to $12. RPT’s shares closed at $10.44 yesterday. More Analyst Ratings here

CBL & Associates Properties, Inc. (NYSE: CBL) today announced that its Board of Directors has declared a quarterly cash dividend for the Company’s Common Stock of $0.20 per share for the quarter ending September 30, 2010. The dividend is payable on October 15, 2010, to shareholders of record as...

The Macerich Company (MAC), a leading real estate investment trust (REIT), has recently announced the opening of a specialty fashion retail store by Nordstrom Inc. (JWN) in Santa Monica Place, a shopping mall in Santa Monica, California.   The new Nordstrom store will showcase an optimum mix of...

Simon Property Group, Inc. (NYSE: SPG) today announced that it has completed its transaction with Prime Outlets Acquisition Company. The Prime transaction adds 21 outlet center properties to Simon's portfolio, including Prime's Barceloneta outlet center in Puerto Rico which Simon acquired in May of...

Deutsche Bank spent some time reviewing companies in the REIT market to discover some significant outperformance. Here is a performance recap of several of those companies: Kilroy Realty Corporation (NYSE: KRC) 2010 bonus programs show performance metrics that will exclude the impact of...

Kimco Realty Corporation (KIM), a real estate investment trust (REIT), recently announced a public offering of $300 million medium-term notes due 2018 at a coupon of 4.3% to repay its outstanding debt.   The notes were priced at 99.7% to yield 4.4%. Kimco would utilize the net proceeds of...

ProShares UltraShort Silver (ETF) (NYSE: ZSL) fell 6.04% today, as silver had a good trading session. Silver continued to trade higher, as investors are seeking shelter in precious metals. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) dropped 5.46%, and closed at $28.94. In the real estate...

ProShares Ultra Silver (ETF) (NYSE: AGQ) traded higher today, along with the silver bullion. AGQ gained 6.09%, and silver closed near $19. Investors have shown a lot of interest in this ETF, as its volume was 2.5 times higher than its average volume. AGQ had a volume of 690K shares. Direxion Daily...

Taubman Centers Inc. (TCO), a real estate investment trust (REIT), has recently announced that it expects 2010 funds from operations (FFO) to be slightly above its previous guidance of $2.65 to $2.75 per share. Fund from operations, a widely used metric to gauge the performance of REITs, is...

Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) fell 7.86% today, as the Russell 2000 Index fell 2.72%. TNA closed at $35.50, and had a volume of 21.33M shares. Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) dropped 7.24%, and closed at $40.75. DRN struggled as the real estate stocks...

U.S. equity market struggled today, after another disappointing initial claims report. Bear market ETFs posted significant gains, and Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) was the best among them, with an increase of 8.00%. TZA gained on the weakness in the Russell 2000 Index....

Jefferies & Co. is raising its earnings estimates on Simon Property Group (NYSE: SPG) after the REIT announced a tender offer for $2.3 billion worth of its debt. It has a Hold rating and a $93 price target. In a note to clients, Jefferies & Co. writes, "SPG's high quality portfolio and...

Simon Property Group (NYSE: SPG) today announced the results of the previously announced cash tender offer made by Simon Property Group, L.P. to purchase for cash three outstanding series of notes. The tender offer expired yesterday at 5:00 p.m., New York City time. The total principal amount of...

Developers Diversified Realty Corporation (NYSE: DDR) declared its third quarter 2010 Preferred Class G stock dividend of $0.50 per depositary share. Each Class G depositary share is equal to one-tenth of a share of Developers Diversified's 8.00% Class G Cumulative Redeemable Preferred Stock. The...

Shares of Glimcher Realty Trust (NYSE: GRT) are lower on the session by 1.79%, currently trading at $6.04. The stock has been moving largely sideways for the past five months and is now trading below both the 50-day and 200-day moving averages. Options traders are buying protection on the name...