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The Blackstone Group (BX) and Glimcher (GRT) to Form Joint Venture
Thursday, November 5, 2009 - 5:46pm | 119The Blackstone Group (NYSE: BX))and Glimcher Realty Trust (NYSE: GRT) announced a partnership for the acquisition and management of two regional malls. The assets for the joint venture will consist of two existing Glimcher mall properties: Lloyd Center in Portland, Oregon and WestShore Plaza in...
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Blackstone Group And Glimcher Realty Trust Form Joint Venture
Thursday, November 5, 2009 - 5:45pm | 227Glimcher Realty Trust (NYSE: GRT) and The Blackstone Group (NYSE: BX) formed a joint venture. Under the Agreement, GPLP, by and through the GPLP Company, will contribute its entire ownership interest in Glimcher Westshore, LLC, the fee owner of WestShore Plaza, a regional mall located in Tampa,...
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5 Small Cap Stocks with Highest EPS Estimate forFY09 (ALX, NEU, ATRI)
Thursday, November 5, 2009 - 12:54pm | 198Below are interesting stocks on the NYSE and NASDAQ with the highest EPS estimate. Alexander's Inc (NYSE: ALX) is likely to generate EPS of $17.85 for fiscal year 2009. ALX has a market capitalization of $1.37 billion. ALX shares have declined by 21.24% over the past 52 weeks. NewMarket Corp (NYSE...
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Real Estate Stocks To Stay Away From (MAS, SSD, STRS, DDR, TOL, BAC, FNFG)
Wednesday, October 28, 2009 - 2:50pm | 242With the sale of newly constructed homes dropping 3.6%, investors start to question investing in Real Estate Stocks. With the expiration of the New Homebuyers Tax Credit, Things could become more challenging for real estate related companies. In lieu of this, Benzinga Analysts looked at companies...
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Morgan Keegan Initiates Coverage On (UDR, AVB, IRC, HME, ESS, EQR, CLP, ACC, FRT, CPT)
Wednesday, October 28, 2009 - 5:32am | 219Morgan Keegan initiated coverage on several REITS. Morgan Keegan initiated coverage on AvalonBay (NYSE: AVB) with a Market Perform. Morgan Keegan initiated coverage on UDR Inc (NYSE: UDR) with a Market Perform. Morgan Keegan initiated coverage on Mid-America Apartment (NYSE: MAA) with a Market...
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Bill Ackman Wants To Short Realty Income (O)
Friday, October 9, 2009 - 2:55pm | 124MarketFolly brought an interesting story from Great Investors Best Ideas conference. Bill Ackman of Pershing Square hedge fund explained why he thinks it would be a good idea to short Realty Income (NYSE: O). Tenants with poor credit rating will hurt Realty Income (O), said Bill Ackman, and added...
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Fund Performance Period 9
Monday, September 14, 2009 - 2:49pm | 2767As a reminder, if you are interested in this type of fund as a worthwhile consideration for future investment, please consider reading why this blog exists. [Jan 7, 2008: Reader Pledges Toward Mutual Fund Launch] [May 26, 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund...
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TRIT - Low Float IPO China Water Pure Play - Compare to DGW
Wednesday, September 9, 2009 - 9:08pm | 1018I am extremely excited about today's IPO and I am long in this name from 8.50-8.75.This has all the makings to be one of the hottest momentum plays of the year. - Water is a scarce resource, especially in China- DGW was a Chinese water pure play and has gone up over 100%, at times with a 20-30 P/E...
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Seaspan (SSW) Takes Delivery of Fortieth Containership
Monday, September 7, 2009 - 9:15am | 101Seaspan Corporation (NYSE: SSW) announced that it accepted delivery of the MOL Eminence from Hyundai Heavy Industries Co., Ltd. on August 31, 2009. The 5100 TEU containership is Seaspan's fifth newbuilding in 2009 and expands the Company's fleet to 40 vessels. The MOL Eminence is chartered to...
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Central Pacific Financial (CPF) Announces $15M Equity Issuance Plan
Monday, September 7, 2009 - 8:34am | 159Central Pacific Financial Corp. (NYSE: CPF) announced that it has commenced an equity issuance plan pursuant to which it may, from time to time, offer and sell up to $15 million of its common stock. Sales of the shares of common stock, if any, will be made by means of ordinary brokers' transactions...
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Bookkeeping: Selling O'Reilly Automotive (ORLY)
Wednesday, September 2, 2009 - 2:34pm | 341Since O'Reilly Automotive (ORLY) broke below the 50 day moving average, about 4 weeks ago we've just had a placeholder position after being stopped out August 5th of the majority of our holding (at $38.39). I am unclear if the market sells off if investors will treat it as the "safety trade" like...
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Jefferies Raises ADC Telecomm (ADCT) target to $10 from $9
Wednesday, September 2, 2009 - 8:41am | 29Jefferies raised the ADC Telecommunications (NASDAQ: ADCT) with an increased target price following the company's better-than-expected Q3 results
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China Sovereign Wealth Fund Chairman with Quote of the Year, 2009
Tuesday, September 1, 2009 - 7:45am | 995Every year we try to find a quote of the year - frankly with the way the world has been going picking one each year is impossible. And it is hard to pick between people saying incredulous things because they actually believe it or quotes based in fact but completely amazing in their utterance In...
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Bloomberg: Shipping Rates Seen Falling 50% on China, Fleet Size
Monday, August 31, 2009 - 3:02pm | 2005As the Baltic Dry Index (a global shipping "price" mechanism) scuffles back to early May levels despite a "recovering global economy" one must ask what are the drivers? We were raising the question nearly a month ago [Aug 7, 2009: Baltic Dry Index has Worst Week Since October 2008 - Blame China....
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67 Stocks Returning 50%+ the Past Month
Friday, August 28, 2009 - 1:56pm | 791I always like to take a look to see what stocks are "working" - helps me see where the money is going and what trends I am missing. I generally like to follow stocks over $5 only but since there is a bevy of "hot money" being made in the dollar stock area I thought I'd list those too this time...