Retail REIT's

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...

Direxion Daily Technology Bull 3x Shares (ETF) (NYSE: TYH) dropped 5.54% today, and Cisco Systems, Inc. (NASDAQ: CSCO) and Oracle Corporation (NASDAQ: ORCL) were among the worst performers. CSCO dropped 9.99%, and Oracle (ORCL) fell 3.05%. ProShares Trust ProShares Ultra DJ-UBS Crude Oil (NYSE:...

  Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), reported its fiscal 2010 second quarter fund from operations (FFO) of $1.38 per share, which exceeded the Zacks Consensus Estimate by 4 cents. Fund from operations, a widely used metric to gauge the performance of...

Keefe, Bruyette, & Woods is out with a research report this morning, where it reiterates its Market Perform on Macerich Co. (NYSE: MAC); it has a $42.00 price target on the stock. The KBW analysts cited the company’s recent earnings report; MAC reported 2Q10 FFO/sh of $0.57, which was above...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: 51job, Inc (JOBS) Acadia Realty Trust (AKR) Altera Corp (ALTR) Arbor Realty Trust, Inc (ABR) BBVA Banco Frances SA (BFR) View the entire Zacks #1 Rank List.    ARBOR RLTY TRST (ABR): Free Stock Analysis Report ACADIA...

The Macerich Company (MAC), a fully-integrated real estate investment trust (REIT), reported second quarter 2010 FFO (funds from operations) of $77.5 million or 57 cents per share, compared with $59.9 million or 67 cents in the year-earlier quarter. Fund from operations, a widely used metric to...

Agree Realty Corporation (NYSE: ADC) today announced it has acquired a retail property net leased to CVS Caremark Corporation (NYSE: CVS) located at the intersection of West Algonquin Road and Lakewood Road in Lake in the Hills, Illinois. The cost of the acquisition was approximately $5,800,000....

Whole Foods Market Inc (NASDAQ: WFMI) was upgraded by UBS from "neutral" to "buy." WFMI’s shares closed at $36.47 yesterday. Whole Foods Market’s quarterly earnings rose 52.94% y/y. Barclays Capital upgraded Telecom Italia (NYSE: TI) from "equal weight" to "overweight." TI’s shares closed at $13.49...