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S&P Making Sharecount Changes, KBW Reports (HBAN, HCP, FHN, LXP)
Thursday, December 16, 2010 - 10:27am | 136After the close on Wed., 12/15, S&P announced weekly sharecount changes that will be effective after the close on Wed., 12/22, KBW reports. S&P is increasing the sharecounts of First Horizon National Corp. (NYSE: FHN), Huntington Bancshares Inc. (NASDAQ: HBAN), and HCP, Inc. (NYSE: HCP) in...
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Russia's Sakhalin-1 Natural Gas Development
Thursday, December 16, 2010 - 10:00am | 1341In early 2009, Russia inaugurated its first liquefied natural gas (LNG) plant for East Asia at Sakhalin. After ramping up to three times its initial capacity, it will supply roughly 5% of world LNG. It is currently expected that Japan will receive two-thirds of initial exports with the rest going...
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WILLIAMS COS (WMB) - Profit Tracks
Thursday, December 16, 2010 - 1:00am | 604Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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Large Cap Winners & Losers (NVS, CAT, HDB, FBR)
Wednesday, December 15, 2010 - 2:43pm | 320The broader markets are solidly negative, but despite this, there are some large cap stocks that are outperforming today, for a variety of reasons. There are also a handful of stocks that are being hit sharply. Novartis (NYSE: NVS) is up around 5% on news that the company is completing its...
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HCP to Offer Common Shares - Analyst Blog
Wednesday, December 15, 2010 - 10:33am | 782HCP Inc. (HCP), the largest medical real estate investment trust (REIT) in the U.S., has recently announced its offer of 40 million common shares at $32.00 per share. The company had earlier announced its offer of 31 million shares, but was forced to increase the secondary offering due to strong...
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Plum Creek's New Credit Facility - Analyst Blog
Wednesday, December 15, 2010 - 10:03am | 424Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., has recently secured a new $600 million revolving credit facility scheduled to mature in January 2015. The new credit facility replaces the existing $750 million revolving credit...
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HCP to Offer Common Shares - Analyst Blog
Wednesday, December 15, 2010 - 10:00am | 782HCP Inc. (HCP), the largest medical real estate investment trust (REIT) in the U.S., has recently announced its offer of 40 million common shares at $32.00 per share. The company had earlier announced its offer of 31 million shares, but was forced to increase the secondary offering due to strong...
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Plum Creek's New Credit Facility - Analyst Blog
Wednesday, December 15, 2010 - 9:45am | 424Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., has recently secured a new $600 million revolving credit facility scheduled to mature in January 2015. The new credit facility replaces the existing $750 million revolving credit...
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Benzinga's Top Upgrades (HCP, SI, HTZ, BT)
Wednesday, December 15, 2010 - 9:22am | 134HCP Inc (NYSE: HCP) was upgraded by RW Baird from "neutral" to "outperform." HCP's shares closed at $32.96 yesterday. HCP's trailing-twelve-month operating margin is 50.83%. Societe Generale upgrade Siemens AG (NYSE: SI) from "hold" to "buy." SI's shares closed at $121.89 yesterday. Siemens' PEG...
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Jefferies Initiates Public Storage At Hold
Wednesday, December 15, 2010 - 8:33am | 22Jefferies & Company has initiated coverage on Public Storage (NYSE: PSA) with a Hold rating.
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Jefferies Initiates Extra Storage Space At Hold
Wednesday, December 15, 2010 - 8:31am | 23Jefferies & Company has initiated coverage on Extra Space Storage (NYSE: EXR) with a Hold rating.
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Plum Creek Timber Closes $600M Four-Year Revolving Credit Facility (PCL)
Tuesday, December 14, 2010 - 5:11pm | 129Plum Creek Timber Company (NYSE: PCL) announced that it has completed a new four-year $600 million revolving credit facility that matures in January 2015. The new revolving credit facility replaces the company's $750 million revolving credit facility, which was scheduled to mature in June 2011. The...
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Ashford Hospitality Falls 8.1% On Public Offering News (AHT)
Tuesday, December 14, 2010 - 4:28pm | 158Shares of Ashford Hospitality Trust Inc. (NYSE: AHT) are currently down 8.1% at $9.29 per share during Tuesday afternoon trading. The company announced early on Tuesday morning plans for an underwritten public offering of 7.5 million shares of its common stock at a price of $9.65 per share. Today's...
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HCP Acquires Assets - Analyst Blog
Tuesday, December 14, 2010 - 12:03pm | 533HCP Inc. (HCP), the largest medical real estate investment trust (REIT) in the U.S., has recently acquired the real estate assets of HCR ManorCare Inc., a leading privately owned provider of skilled nursing facilities, for $6.1 billion. Spanning across 30 states, the properties are primarily...
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HCP Highlights Ability To Source Growth Opportunities, Goldman Sachs Reports
Tuesday, December 14, 2010 - 11:34am | 126Goldman Sachs said that while it expected a transaction with HCR ManorCare due to HCP, Inc.'s (NYSE: HCP) significant debt investment, “we believed the timing of any deal would be closer to the associated debt's maturity in 2012/13.” That being said, Goldman Sachs writes, “the potential...