-
LaSalle Hotel Properties Announces the Redemption of Its 8⅜% Series B Cumulative Redeemable Preferred Shares
Friday, February 11, 2011 - 10:25am | 121LaSalle Hotel Properties (NYSE: LHO) today provided notice to the holders of its 8⅜% Series B Cumulative Redeemable Preferred Shares of the redemption of those shares. The cash redemption price for the Series B Preferred Shares is $25.00 per share, plus accrued and unpaid dividends through the...
-
Hospitality Properties Trust Q4 Earnings Release On Friday, February 18th
Friday, February 11, 2011 - 9:23am | 84Hospitality Properties Trust (NYSE: HPT) today announced that it will host a conference call in conjunction with the announcement of its fourth quarter 2010 financial results. HPT plans to issue a press release containing its fourth quarter results before the NYSE opens on Friday, February 18,...
-
Stocks Going Ex Dividend the Third Week of February
Thursday, February 10, 2011 - 11:27pm | 723Here 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...
-
LTC to Purchase Two Properties for $11.45M
Monday, February 7, 2011 - 10:30am | 177LTC Properties, Inc. (NYSE: LTC) announced today that it has entered into a purchase agreement to acquire one skilled nursing property with 98 licensed beds and an adjacent property that provides a continuum of care comprising 20 licensed skilled nursing beds, 40 assisted living units, 34...
-
Humana Reports 4Q EPS Below Consensus
Monday, February 7, 2011 - 10:13am | 124Deutsche Bank has published a research report on Humana, Inc. (NYSE: HUM) after the company reported 4Q EPS results that came in below consensus estimates. In the report, Deutsche Bank writes "The 4Q EPS includes approx $1.02 of primarily one-time expenses, including $0.52 of reserve strengthening...
-
Strategic Hotels & Resorts Completes $590M Recapitalization of the Hotel Del Coronado
Monday, February 7, 2011 - 9:14am | 96Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that the company has closed a definitive agreement to recapitalize the joint venture that owns the Hotel del Coronado. Under the terms of the transaction, a new joint venture has been established between the Company, Blackstone Real...
-
Morgan Keegan Leaves Ventas Outperform, $60 PT Unchanged (VTR)
Monday, February 7, 2011 - 9:12am | 115Morgan Keegan left its Ventas (NYSE: VTR) Outperform rating and $60 price target unchanged in a research report published today. In the report, Morgan Keegan states, "We expect the company to report that its fourth quarter acquisition was dominated by three already-announced transactions: the...
-
Morgan Keegan Maintains Health Care REIT Outperform Rating (HCN)
Monday, February 7, 2011 - 9:04am | 104Morgan Keegan maintained its Health Care REIT (NYSE: HCN) Outperform rating in a research report published today. Morgan Keegan has previously given Health Care REIT at $55 price target. In the report, Morgan Keegan states, "We believe that Health Care REIT can sustain 4%-5% FFO growth long-term...
-
Top 4 Small-Cap Stocks In The REIT-Hotel/Motel Industry With The Highest Revenue (FCH, AHT, BEE, SHO)
Monday, February 7, 2011 - 5:14am | 140Below are the top small-cap REIT-hotel/motel stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at FelCor Lodging Trust Inc (NYSE: FCH) is $938.83 million. FCH's gross profit for the same period is $538.78 million. The trailing-twelve-month revenue at Ashford...
-
Plum Creek Marginally Beats - Analyst Blog
Tuesday, February 1, 2011 - 1:01pm | 833Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fiscal 2010 fourth quarter earnings of $59 million or 37 cents per share, compared with $28 million or 17 cents in the year-earlier quarter. Excluding charges relating to...
-
Plum Creek Marginally Beats - Analyst Blog
Tuesday, February 1, 2011 - 12:30pm | 833Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fiscal 2010 fourth quarter earnings of $59 million or 37 cents per share, compared with $28 million or 17 cents in the year-earlier quarter. Excluding charges relating to...
-
Goldman Sachs Raises PCL Target To $42 From $38
Tuesday, February 1, 2011 - 9:39am | 105Goldman Sachs is raising its 12-month price target for Plum Creek Timber Company, Inc. (NYSE: PCL) to $42 (from $38) “as we are discounting by one less period given the passage of time.” “Our price target is based on discounted estimated asset value and normalized wood products profitability,”...
-
Ventas to Sell 5.56M Shares
Tuesday, February 1, 2011 - 8:35am | 97Ventas, Inc. (NYSE: VTR) announced today that it has agreed to sell 5,563,000 shares of its common stock to UBS Investment Bank, as sole underwriter, in an underwritten public offering. The last reported sales price of the Company's common stock on the New York Stock Exchange on January 31, 2011...
-
Plum Creek Reports Q4 EPS $0.45 Incl. Charges Vs. $0.44 Est. (PCL)
Monday, January 31, 2011 - 5:10pm | 1659Plum Creek Timber Company, Inc. (NYSE: PCL) today announced fourth quarter earnings of $59 million, or $0.37 per diluted share, on revenues of $356 million. Earnings for the fourth quarter of 2009 were $28 million, or $0.17 per diluted share, on revenues of $258 million. Earnings for the fourth...
-
Plum Creek Reports Q4 EPS of $.37 vs. $.44
Monday, January 31, 2011 - 5:05pm | 153Plum Creek Timber Company, Inc. (NYSE: PCL) today announced fourth quarter earnings of $59 million, or $0.37 per diluted share, on revenues of $356 million. Earnings for the fourth quarter of 2009 were $28 million, or $0.17 per diluted share, on revenues of $258 million. Earnings for the fourth...