-
All Roads Lead to Athens?
Sunday, May 29, 2011 - 5:16pm | 1992Stephanie Levitz of the Canadian Press reports, Harper uses Greece trip to teach political lesson to his government and theirs: Prime Minister Stephen Harper brought a message from Canadian politics to his Greek counterpart Saturday. He said that sometimes, a government needs to act even if the...
-
Morgan Keegan Reiterates Outperform and PT of $59.50 on Health Care REIT
Tuesday, May 24, 2011 - 8:15am | 102Morgan Keegan reiterated its outperform rating on Health Care REIT (NYSE: HCN) after the company decided to purchase $80 million worth of real estates. In a research report published today, Morgan Keegan states, "This will increase Health Care REIT's LTAC holdings to 22 hospitals with an...
-
Stocks Going Ex Dividend the First Week of June
Monday, May 23, 2011 - 6:05pm | 751Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
-
Morgan Keegan Reports on Healthcare Realty
Monday, May 23, 2011 - 8:42am | 191Morgan Keegan commented on Healthcare Reality (NYSE: HR) in a report released today. In the report, Morgan Keegan was positive in its assessment of the company. Morgan Keegan writes, "Healthcare Realty Trust's first quarter results, which were released earlier this month, were generally in line...
-
Strategic Hotels & Resorts Announces Plan to Acquire the Remaining 49% Interest in the InterContinental Chicago for 10.8M Shares and $11.8M Cash
Monday, May 23, 2011 - 8:32am | 104Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that the Company has signed a letter agreement to acquire the 49 percent interest in the InterContinental Chicago hotel currently owned by its joint venture partner, an affiliate of The Government of Singapore Investment Corporation,...
-
New World Oil and Gas assessing Belize asset deal
Monday, May 23, 2011 - 8:22am | 382New World Oil and Gas (LON: NEW), the prospective oil and gas group that joined the Alternative Investment Market in early May, has secured a 45 day exclusivity period to conduct due diligence on two concessions in Belize. The company's intermediary First Meadows Ltd, has signed a non-binding...
-
Morgan Keegan Lowers PT On Healthcare Realty Trust To $23
Monday, May 23, 2011 - 7:47am | 28Morgan Keegan has lowered the price target on Healthcare Realty Trust (NYSE: HR) from $23.50 to $23 and maintains its Outperform rating.
-
Sterne Agee Raises Estimates On Red Robin
Friday, May 20, 2011 - 9:16am | 200According to Sterne Agee, Red Robin (NASDAQ: RRGB) posted impressive 1Q results given solid same-store sales (SSS) and cost cutting. Sterne Agee said that it believes that these results are the first of many impressive bottom-line results given improving SSS/traffic and management's cost savings...
-
Keefe, Bruyette & Woods Reports on Public Storage
Friday, May 20, 2011 - 7:28am | 105Keefe, Bruyette & Woods commented on Public Storage (NYSE: PSA) in a report released earlier today. In the report, Keefe was mildly positive in its assessment. Keefe writes, "We are increasing our price target and earnings outlook for PSA, reflecting continued improvement in operating trends,...
-
Host Hotels & Resorts, Inc. Announces Pricing of $75 Million of 5 7/8% Senior Notes Due 2019 in an Add-On Offering by Host Hotels & Resorts
Thursday, May 19, 2011 - 2:19pm | 130Host Hotels & Resorts, Inc. (NYSE: HST) today announced that Host Hotels & Resorts, L.P., for whom the Company acts as sole general partner, has priced its private placement offering of an additional $75 million in aggregate principal amount of 5 7/8% senior notes due 2019. The Notes are...
-
Host Hotels & Resorts, Inc. Announces Proposed Add-On Private Placement of Senior Notes Due 2019; Worth $50M
Thursday, May 19, 2011 - 8:53am | 148Host Hotels & Resorts, Inc. (NYSE: HST) today announced that Host Hotels & Resorts, L.P., for whom the Company acts as sole general partner, is proposing to offer in a private placement an additional $50 million aggregate principal amount of senior notes due 2019 subject to market and other...
-
Public Storage Announces Redemption of All Outstanding Depositary Shares Representing Interests in its 7.25% Cumulative Preferred Shares, Series I
Wednesday, May 18, 2011 - 4:11pm | 69Public Storage (NYSE: PSA) announced today that it is calling for redemption all outstanding depositary shares representing interests in its 7.25% Cumulative Preferred Shares, Series I on June 20, 2011 at $25 per depositary share plus accrued dividends from April 1, 2011 through the date of...
-
Ventas Prevails in Appeal against HCP; Court Affirmed $106.1M Jury Verdict in Venta's Favor
Tuesday, May 17, 2011 - 12:12pm | 88Ventas, Inc. (NYSE: VTR) today announced that the United States Court of Appeals for the Sixth Circuit has unanimously affirmed the $101.6 million jury verdict in Ventas's favor in the Company's lawsuit against HCP, Inc. (NYSE: HCP) for tortious interference with business expectation arising out of...
-
Keefe, Bruyette & Woods Reports on DiamondRock Hospitality
Tuesday, May 17, 2011 - 8:16am | 113Keefe, Bruyette & Woods commented on DiamondRock Hospitality (NYSE: DRH) in a report released today. In the report, Keefe was positive in its outlook of the company. Keefe writes, “DRH announced the acquisition of the 712-room Radisson Lexington New York Hotel for $335M, or $471k per key,...
-
Keefe, Bruyette & Woods Reports on Hersha Hospitality Trust (HT)
Tuesday, May 17, 2011 - 7:54am | 116In a report released today, Keefe, Bruyette & Woods commented on Hersha Hospitality Trust (NYSE: HT). In the report, Keefe was slightly positive in its assessment of the company. Keefe writes, “Following the company's recent preferred offering we are leaving our 2Q-4Q FFO estimates unchanged,...