-
Simon Property (SPG) Makes A Final Offer Of $20 Per Share For General Growth (GGP)
Friday, May 7, 2010 - 6:34am | 106On Thursday, Simon Property Group (NYSE: SPG) came up with a final offer of $20 per share to acquire General Growth Properties (NYSE: GGP). Simon’s latest acquisition offer is worth $6.5 billion. Previously, it had offered General Growth, which had filed for the largest real estate bankruptcy in U...
-
Credit Suisse Downgrades O To Underperform
Monday, May 3, 2010 - 7:19am | 41Analysts at Credit Suisse downgrade Realty Income (NYSE: O) from "neutral" to "underperform." O moved down 4.62% to close at $32.79 on Friday. More Analyst Ratings here
-
Simon Property Declares Decreased Profit In Q1 (SPG)
Friday, April 30, 2010 - 11:52am | 101Simon Property Group (NYSE: SPG) has reported an 87 percent drop in its profits due to high debt charges. However, the company has claimed that its sales grew at a healthy pace. Simon Property has declared a profit of $15 million for the first quarter, down from $113.3 million a year earlier. The...
-
Mad Money Lightning Round OT Recap (PAAS, BRK.B, MAC, MLNK, CRM)
Wednesday, April 28, 2010 - 7:10pm | 176Jim Cramer said on CNBC's Mad Money Lightning Round OT that Pan American Silver Corp. (USA) (NASDAQ: PAAS) is his favorite silver mining company, because it has the lowest production cost and a great quality pattern. Pan American Silver (PAAS) gained 0.62% today and closed at $26.16. Cramer also...
-
Market Roundup (VZ, GOOG, STT, EMMS, GS, XOM, SPG, GGP, RIMM)
Monday, April 26, 2010 - 1:28pm | 349Verizon Wireless (NYSE: VZ) has turned off its plans to offer service for the Nexus One handset from Google (NASDAQ: GOOG). The change in plans signals that Verizon may be viewing GOOG as more of a competitor than a partner. However, the Nexus One site continues to announce the introduction of the...
-
Top Stocks of Maryland
Monday, April 19, 2010 - 1:44am | 878The state of Maryland is centrally located in the mid Atlantic region, close to the Nation’s capital and some of the most populated areas of the United States. Its economy has grown to include the aerospace and defense sector which is made up of 2,600 companies and pays an average salary of $93,000...
-
Earnings Surprise Stocks (and Low Priced, Pay Dividends)
Friday, April 16, 2010 - 11:28am | 292So what is an earnings surprise stock, you might ask? It is a company that has exceeded its (or missed its) earnings estimate by a certain percentage. WallStreetNewsNetwork.com has turned up a list of stocks that exceeded their estimates by more than 20%. In addition, all these stocks pay dividends...
-
US Financial Sector Halts After A 5-Day Rally (ETFC, AMTD, SCHW, COF, ZION, MAC)
Thursday, April 15, 2010 - 3:06pm | 275US financial stocks failed to keep up the rally from the previous session today as weak reports on employment and foreclosures dampened investor enthusiasm for the sector. The Financial Select Sector SPDR Fund remained flat in early trade today after rallying continuously for the last five days....
-
Macerich Sinks
Thursday, April 15, 2010 - 9:58am | 131Shopping center owner, developer, and operator, Macerich Co. (NYSE: MAC) is cascading lower this morning to the tune of nearly 8.00%, currently trading $40.31. The company announced this morning that it was boosting its secondary to 30 million shares and that the sale offer is expected to bring...
-
Market Roundup (CSX, BRK.A, RIMM, SPG, GGP, BAM, FNM, FRE, POT, MOS)
Wednesday, April 14, 2010 - 1:23pm | 301CSX (NYSE: CSX) chief Michael Ward said that the purchase of Burlington Northern (NYSE: BNI) by Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) was a "brilliant" acquisition" move, as the rail industry is rebounding. Shipments have risen after declining for a couple of years and CSX, the third-...
-
Agree Realty Prices 1.3M Shares At $22 A Share
Tuesday, April 13, 2010 - 8:41am | 138Agree Realty Corporation (NYSE: ADC) priced its 1.3 million share offering at $22.00 per share. The offering is expected to close on or about April 16, 2010. Gross proceeds from the offering will be approximately $28.6 million. Agree Realty will use the net proceeds of the offering to repay a...
-
Agree Realty (ADC) Announces 1M Share Offering
Monday, April 12, 2010 - 3:04pm | 108Agree Realty Corporation (NYSE: ADC) announced it has commenced a public offering of one million shares of its common stock. Agree Realty expects to use the net proceeds of the offering to repay a portion of the outstanding indebtedness under its $55 million credit facility and its $5 million...
-
Benzinga’s Top Downgrades (FFCH, GRT, EW, CASY, FCX)
Monday, April 12, 2010 - 9:36am | 204First Financial Holdings Inc (NASDAQ: FFCH) was downgraded by BB&T Capital Markets from “buy” to “hold.” FFCH’s shares have lost 1.60% to $14.13 by 10:00 am. FFCH has a 52-week trading range of $7.97-$18.49. Hilliard Lyons downgraded Glimcher Realty Trust (NYSE: GRT) from “buy” to “neutral.”...
-
PowerShares Small Cap Sector ETFs Hit the Tape
Thursday, April 8, 2010 - 2:02am | 1157PowerShares launched a suite of small-cap sector ETFs based on the S&P SmallCap 600 Index yesterday (4/7/10). These nine new ETFs are the first to provide sector-specific exposure within the U.S. small-cap stock market. I have long been a fan of sector and industry-focused funds, and I warmly...
-
Benzinga’s Top Upgrades (KSWS, GRT, AUTC, MWIV, NOK)
Wednesday, April 7, 2010 - 9:26am | 160K-Swiss Inc (NASDAQ: KSWS) was upgraded by Sterne Agee from “sell” to “buy.” KSWS’ shares gained 2.47% to $10.78. KSWS’ shares have gained 8.45% so far this year. Hilliard Lyons upgraded Glimcher Realty Trust (NYSE: GRT) from “neutral” to “buy.” GRT’s stock has risen by 5.58% over the past week....