Retail REIT's

Cedar Shopping Centers, Inc. (NYSE: CDR) today announced that it has entered into a definitive purchase contract to purchase 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 for...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Acadia Realty Trust (AKR) Actel Corp (ACTL) Amtec Systems (ASYS) Asbury Automotive Group, Inc. (ABG) ASM International N.V. (ASMI) View the entire Zacks #1 Rank List.    ASBURY AUTO GRP (ABG): Free Stock Analysis Report ACTEL...

J.P. Morgan has an Underweight rating on shares of Pennsylvania REIT (NYSE: PEI), after it reported Q2 earnings. In the research report, J.P. Morgan writes, "After 2Q earnings we are publishing our updated PEI model and estimates. We are slightly lowering our 2010 and 2011 FFO/estimates by $0.01...

Kimco Realty Corporation (KIM), a real estate investment trust (REIT), recently acquired Riverplace Shopping Center, a shopping mall in Jacksonville, Florida, for $35.6 million. The acquisition is part of the long-term strategy of the company to concentrate its investments on the neighborhood and...

Direxion Daily 30 Year Treasury Bear 3X Shares (NYSE: TMV) led the gainers among the ETFs today, with an increase of 6.04%. TMV closed at $37.02, and had a volume of 651K shares. ProShares UltraShort 20+ Year Treasury (ETF) (NYSE: TBT) gained 3.89%, and closed at $33.14. This is the second trading...

Equity One, Inc. (NYSE: EQY)announced today that it has acquired three shopping centers in Florida for an aggregate purchase price of $64.7 million. Two centers, Country Walk and West Bird Plaza, are located in Miami Dade-County, one of the most densely populated and supply constrained markets in...

Urstadt Biddle Properties Inc. (NYSE: UBA) today announced its third quarter and nine months financial results for the period ended July 31, 2010. Diluted Funds from Operations (FFO) for the quarter ended July 31, 2010 was $8,496,000 or $0.34 per Class A Common share and $0.31 per Common share,...

Glimcher Realty Trust, (NYSE: GRT), one of the country’s premier retail REITs, today announced that it revised its guidance for fiscal year 2010 to incorporate recent capital and investment transactions that either have been completed or are expected to close by the end of current fiscal year. As...

Glimcher Realty Trust, (NYSE: GRT) today announced that it entered into agreements to purchase the land for all three phases of its Scottsdale Quarter® development project in Scottsdale, Arizona from affiliates of their existing joint venture partner. The total purchase price is approximately $120...

Ramco-Gershenson Properties Trust (NYSE: RPT) announced today that its Board of Trustees has declared a third quarter 2010 common share dividend of $0.16325 for the period of July 1, 2010 through September 30, 2010. The third quarter common share dividend is payable on October 1, 2010 to...

Simon Property Group, Inc. (NYSE: SPG) reported shares up nearly 6.6% last week vs. RMZ +5.9%. SPG shares trade at 34% premium to $72.25/share NAC est. vs. 10% average, premium for sector and 2% historical, Keefe Bruyette & Woods reports. Given the retail & economic uncertainties and stock...

Cusick’s Corner The market was content staying in a grind, holding a tight range of 1082-1086. All the fireworks will be blown off tomorrow premarket when the Payrolls and Unemployment numbers are released which may potentially add some volatility. If there are no big surprises in Unemployment, if...

Shares of Taubman Centers, Inc. (NYSE: TCO) are higher on the session by 2.91%, currently trading at $44.74. The stock has been moving largely higher over the past two months and is breaking out today, above the key resistance level of $44.00. If the stock can move above $45.00, there is a lot more...

The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.415 per share of common stock. The common dividend is payable on September 30, 2010 to shareholders of record on September 15, 2010. The Board of Directors also declared a quarterly...

Regency Centers (NYSE: REG), a national owner, operator and developer of grocery-anchored and community shopping centers, closed on the acquisition of Glen Oak Plaza, a 62,443 square foot neighborhood shopping center anchored by Trader Joe's and Walgreens. The property was purchased on September 1...