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Benzinga's M&A Chatter for Tuesday March 17, 2015
Tuesday, March 17, 2015 - 6:20pm | 392Read More...The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday March 17, 2015: Macerich Rejects $91 Bid from Simon The Rejection:The Macerich Company (NYSE: MAC) announced that its Board of Directors, after consulting with its financial and legal advisors,...
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Simon Property Group Responds to Macerich's "Scorched Earth" Rejection of Simon Proposal
Tuesday, March 17, 2015 - 11:04am | 414Read More...Simon Property Group (NYSE: SPG) today responded to the rejection by The Macerich Company (NYSE: MAC) of Simon's proposal to acquire the outstanding shares of Macerich for $91.00 per share in cash and Simon shares, and Macerich's decision to classify its Board of Directors without a shareholder...
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Morning Market Losers
Tuesday, March 17, 2015 - 8:57am | 401Read More...magicJack VocalTec Ltd. (NASDAQ: CALL) shares slipped 17.26% to $6.76. magicJack reported better-than-expected earnings for the fourth quarter, but the company's revenue missed analysts' estimates. The company also announced a new $20 million stock repurchase program. Discovery Laboratories Inc...
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Stocks Hitting 52-Week Highs
Monday, March 9, 2015 - 9:13am | 196Read More...RTI International Metals, Inc. (NYSE: RTI) shares climbed 40.51% to reach a new 52-week high of $38.33 after Alcoa Inc. (NYSE: AA) announced its plans to acquire RTI International for $1.5 billion. The Macerich Company (NYSE: MAC) shares gained 6.23% to touch a new 52-week high of $92.12 after...
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Benzinga's Weekend M&A Chatter
Sunday, March 8, 2015 - 8:49pm | 239Read More...The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday March 6 throught Sunday March 8, 2015: Macerich Spikes Higher on Simon Shelf Filing The Rumor:Shares of The Macerich Company (NYSE: MAC) spiked higher Friday, as Simon Property Group Inc. (NYSE: SPG) for a...
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Earnings Scheduled For February 4, 2015
Wednesday, February 4, 2015 - 5:08am | 1165Read More...Asbury Automotive Group, Inc. (NYSE: ABG) is estimated to report its Q4 earnings at $1.01 per share on revenue of $1.48 billion. General Motors Company (NYSE: GM) is projected to report its Q4 earnings at $0.83 per share on revenue of $40.12 billion. Yum! Brands, Inc. (NYSE: YUM) is estimated to...
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Stocks Hitting 52-Week Highs
Wednesday, January 7, 2015 - 10:10am | 137Read More...Sonic Corp. (NASDAQ: SONC) shares reached a new 52-week high of $30.17 after the company announced upbeat results for its first fiscal quarter. Northern Technologies International Corp. (NASDAQ: NTIC) shares touched a new 52-week high of $24.84 after the company reported Q1 earnings of $0.22 per...
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Benzinga's Top Downgrades
Thursday, December 11, 2014 - 9:03am | 145Read More...Analysts at Credit Suisse downgraded United Therapeutics (NASDAQ: UTHR) from Neutral to Underperform. The price target for United Therapeutics has been raised from $100 to $120. United Therapeutics' shares closed at $131.42 yesterday. Analysts at UBS downgraded The Travelers Companies (NYSE: TRV)...
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Deutsche Bank Downgrades Macerich To Hold
Thursday, December 11, 2014 - 8:53am | 56Read More...Analysts at Deutsche Bank downgraded Macerich Company (The) (NYSE: MAC) from Buy to Hold. The price target for Macerich is set to $78. Macerich shares have surged 40.36% over the past 52 weeks, while the S&P 500 index has gained 14.12% in the same period. Macerich's shares rose 1.02% to close...
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Morning Market Movers
Wednesday, November 19, 2014 - 9:45am | 230Read More...Stage Stores (NYSE: SSI) shares surged 21.41% to $19.11 after the company reported a narrower-than-expected fiscal third-quarter loss. Oplink Communications (NASDAQ: OPLK) shares jumped 13.74% to $24.17 after the company agreed to be acquired by Koch Industries for $24.25 per share in cash. Jack...
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Lennar Announces Launch Of Redevelopment Of Candlestick Park In San Francisco
Monday, November 17, 2014 - 9:01am | 622Read More...Lennar Corp. (NYSE: LEN), one of the nation's leading homebuilders, and Macerich (NYSE: MAC), one of the country's top owners, operators and developers of high-performing retail properties, today announced a joint venture partnership to develop a 500,000 square-foot urban outlet project that will...
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Earnings Scheduled For October 28, 2014
Tuesday, October 28, 2014 - 4:25am | 1380Read More...Aetna (NYSE: AET) is expected to report its Q3 earnings at $1.58 per share on revenue of $14.63 billion. Facebook (NASDAQ: FB) is estimated to post its Q3 earnings at $0.40 per share on revenue of $3.12 billion. Pfizer (NYSE: PFE) is projected to report its Q3 earnings at $0.55 per share on revenue...
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Benzinga's Top Upgrades
Tuesday, August 26, 2014 - 8:03am | 122Read More...Analysts at BMO Capital upgraded Macerich Company (The) (NYSE: MAC) from Market Perform to Outperform. Macerich's shares closed at $64.79 yesterday. Analysts at Morgan Stanley upgraded Melco Crown Entertainment (NASDAQ: MPEL) from Equal Weight to Overweight. Melco Crown Entertainment's shares...
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BMO Capital Upgrades Macerich To Outperform
Tuesday, August 26, 2014 - 6:37am | 49Read More...Analysts at BMO Capital upgraded Macerich Company (The) (NYSE: MAC) from Market Perform to Outperform. Jarden shares have gained 15.35% over the past 52 weeks, while the S&P 500 index has jumped 22.54% in the same period. Macerich's shares fell 0.15% to close at $64.79 yesterday.
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Earnings Scheduled For July 23, 2014
Wednesday, July 23, 2014 - 4:26am | 832Read More...The Boeing Company (NYSE: BA) is projected to report its Q2 earnings at $2.01 per share on revenue of $22.23 billion. Air Products & Chemicals (NYSE: APD) is expected to report its Q3 earnings at $1.45 per share on revenue of $2.67 billion. Facebook (NASDAQ: FB) is projected to post its Q2...
