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Top 5 Stocks In The Financial Sector With Highest ROE (ASA, LPHI, TYN, ALX, EV)
Tuesday, April 6, 2010 - 5:19am | 155Below are the top 5 financial stocks in terms of return on equity. The return on equity for ASA Limited (NYSE: ASA) is 65.85%. ASA’s forward annual dividend yield is 3.40%. The return on equity for Life Partners Holdings, Inc (NASDAQ: LPHI) is 54.89%. LPHI’s trailing-twelve-month operating margins...
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Agree Realty Corporation Announces Appointment of Laith Hermiz as Executive Vice President
Monday, April 5, 2010 - 7:29am | 104Agree Realty Corporation (NYSE: ADC) announced the appointment of Laith Hermiz as Executive Vice President of the Company. Mr. Hermiz will be responsible for implementing new development and redevelopment initiatives as well as overseeing Agree's asset management initiatives. Mr. Hermiz holds a...
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Is The Rebound In Real Estate ETFs Here To Stay?
Friday, April 2, 2010 - 10:33pm | 1730“In mid-2009 we asked whether real estate investment trust ETFs had priced in a predicted tidal wave of commercial real estate foreclosures. We concluded prices had fallen so far they could well be at fair market value. Those prices were fair indeed. REITs have nearly doubled in the past year. How...
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Leon Cooperman on the Prospects for M&A
Thursday, April 1, 2010 - 8:15am | 303Leon Cooperman of Omega Advisors is said to be the hardest-working man in the hedge fund game, boasting an 18 year track record of 16% annual returns versus the S&P 500's 10% according to Fortune Magazine. In a wide-ranging interview with Fortune, Cooperman makes the case that there is still...
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O Initiated With Market Perform At Morgan Keegan
Wednesday, March 31, 2010 - 7:48am | 43Analysts at Morgan Keegan initiate coverage of Realty Income (NYSE: O) with a "market perform" rating. O moved up 0.11% to close at $30.73 yesterday. More Analyst Ratings here
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Agree Realty (ADC) Announces Two Lease Extensions With J.C. Penney (JCP)
Monday, March 29, 2010 - 2:55pm | 156Agree Realty Corporation (NYSE: ADC) continues to deliver good news and today announced it has extended for five years, two leases with J.C. Penney Company (NYSE: JCP) totaling approximately 74,000 square feet of retail space. The stores are located in Central Michigan Commons in Mt. Pleasant,...
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The Government’s Mortgage Modification Program May Hurt The Bottom Line Of The Banks In The Financial ETF
Monday, March 29, 2010 - 1:21pm | 2492“Citigroup (NYSE: C) announced on Thursday that it would join the government’s program to modify second mortgages, following Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JP Morgan Chase & Co (NYSE: JPM) and others, as the housing market appears to be at the beginning of a second...
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IRC Initiated With Hold At KeyBanc
Thursday, March 25, 2010 - 9:00am | 43Analysts at KeyBanc Capital Markets initiate coverage of Inland Real Estate (NYSE: IRC) with a "hold" rating. IRC’s shares closed at $9.84 yesterday. More Analyst Ratings here
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CBL Initiated With Hold
Thursday, March 25, 2010 - 8:59am | 42Analysts at KeyBanc Capital Markets initiate coverage of CBL & Associates (NYSE: CBL) with a "hold" rating. CBL’s shares closed at $14.25 yesterday. More Analyst Ratings here
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KeyBanc Capital Markets Initiates Coverage Of Inland Real Estate Corporation (NYSE: IRC)
Thursday, March 25, 2010 - 8:10am | 203KeyBanc Capital Markets analysts Todd M. Thomas and Jordan Sadler initiated coverage of Inland Real Estate Corporation (NYSE: IRC) with a Hold rating. The analysts wrote that the shares of Inland Real Estate Corporation are fairly valued on an absolute and a relative basis within the shopping...
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KeyBanc Capital Markets Initiates Coverage Of CBL & Associates Properties (CBL)
Thursday, March 25, 2010 - 7:54am | 179KeyBanc Capital Markets analysts Todd M. Thomas and Jordan Sadler initiated coverage of CBL & Associates Properties, Inc (NYSE: CBL) with a Hold rating. The analysts said that shares of the regional mall REIT are attractively valued despite a year-to-date increase of 45%. They said that...
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Volume Talks Monday: A Sirius Reversal
Tuesday, March 23, 2010 - 8:39am | 2912As the market traded higher across the board Monday on lighter volume, there were many stocks which traded higher/lower on above average volume. Today's breakout report is for Monday March 22, 2010. If this is your first time reading one of my breakout reports you'll want to read the section...
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Elliott Associates And Paulson & Co. Planning To Team Up With Brookfield Asset Management (BAM) To Invest In General Growth Properties (GGP)
Tuesday, March 23, 2010 - 6:01am | 293Bloomberg reports that hedge funds Elliott Associates LP and Paulson & Co. are planning to team up with Brookfield Asset Management (NYSE: BAM) to invest in bankrupt mall owner General Growth Properties, Inc. (NYSE: GGP). The two hedge funds, who have already discussed their plans with General...
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Sector Wrap: Pharmaceuticals, Financials, REITs
Thursday, March 18, 2010 - 2:51pm | 340It was announced that Ratiopharm had accepted a bid from Teva for about $5 billion. The combined company will have a strong presence in Europe as Ratiopharm is the #2 generic drug maker in Germany. Despite the positive news, the iShares Biotech ETF (IBB) is lagging the markets this week, off 0.4%...
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Strategists Warn About The Financial Sector As The Financial ETF Sets A New 52-Week High
Wednesday, March 17, 2010 - 5:49pm | 2087The rally in the Financial Select Sector SPDR Fund (XLF) on Wednesday means the exchange-traded fund has more than doubled in value from a year ago. The ETF set a new 52-week high of $15.97 a share on Wednesday. One year ago on March 17, 2009, the fund touched a session low of $7.87, according to...