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Ventas Upgraded to Outperform - Analyst Blog
Wednesday, November 17, 2010 - 12:03pm | 502We have recently changed our long-term recommendation for Ventas Inc. (VTR), a leading health care real estate investment trust (REIT), from Neutral to Outperform as we anticipate it to perform well above the broader market. The stock presently has a Zacks #2 Rank, which translates into a short-...
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Zacks Bull and Bear of the Day Highlights: Genomic Health, Plum Creek Timber, Bank of America, JPMorgan Chase and PNC Financial Services Group - Press Releases
Wednesday, November 17, 2010 - 11:33am | 1552For Immediate Release Chicago, IL – November 17, 2010 – Zacks Equity Research highlights: Genomic Health (GHDX) as the Bull of the Day and Plum Creek Timber (PCL) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bank of America Corp. (BAC), JPMorgan Chase & Co. (...
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Earnings Scorecard: Public Storage - Analyst Blog
Wednesday, November 17, 2010 - 10:55am | 876Public Storage (PSA), a leading real estate investment trust (REIT) operating self-storage facilities, reported third quarter 2010 recurring FFO (funds from operations) of $1.35 per share, which missed the Zacks Consensus Estimate by 3 cents. Funds from operations, a widely used metric to gauge...
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Plum Creek Timber Co. (PCL) - Bear of the Day
Wednesday, November 17, 2010 - 9:45am | 183We are changing our long-term recommendation for Plum Creek Timber (PCL) from Neutral to Underperform as we anticipate it to perform well below the broader market. In the last 30 days, fiscal earnings estimates have been lowered by nearly all analysts covering the stock, driven by the cyclical...
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Housing Starts Plunge in October - Analyst Blog
Wednesday, November 17, 2010 - 8:01am | 1755Housing Starts plunged in October to a seasonally adjusted annual rate of 519,000 from 588,000 in September, a decline of 11.7%. Relative to a year ago, they are down 1.9%. Quite frankly, a year ago was also a pretty lousy time for the homebuilders as well. Most of the month-to-month decline came...
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Ventas Upgraded to Outperform - Analyst Blog
Wednesday, November 17, 2010 - 6:35am | 502We have recently changed our long-term recommendation for Ventas Inc. (VTR), a leading health care real estate investment trust (REIT), from Neutral to Outperform as we anticipate it to perform well above the broader market. The stock presently has a Zacks #2 Rank, which translates into a short-...
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Zacks Bull and Bear of the Day Highlights: Genomic Health, Plum Creek Timber, Bank of America, JPMorgan Chase and PNC Financial Services Group - Press Releases
Wednesday, November 17, 2010 - 6:01am | 1552For Immediate Release Chicago, IL – November 17, 2010 – Zacks Equity Research highlights: Genomic Health (GHDX) as the Bull of the Day and Plum Creek Timber (PCL) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Bank of America Corp. (BAC), JPMorgan Chase & Co. (...
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Plum Creek Lowered to Underperform - Analyst Blog
Tuesday, November 16, 2010 - 10:33am | 553We have recently changed our long-term recommendation for Plum Creek Timber Co. Inc. (PCL) from Neutral to Underperform as we anticipate it to perform well below the broader market. The stock presently has a Zacks #5 Rank, which translates into a short-term ‘Strong Sell' rating. In the last 30...
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Benzinga's Top Upgrades (ITC, HOV, SNH, CML)
Tuesday, November 16, 2010 - 9:04am | 149ITC Holdings Corp (NYSE: ITC) was upgraded by Barclays Capital from "equal weight" to "overweight." ITC's shares closed at $60.52 yesterday. Shares of ITC Holdings have gained 18.27% year-to-date. UBS upgrade Hovnanian Enterprises Inc (NYSE: HOV) from "sell" to "neutral." HOV's shares closed at $3....
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Benzinga's Top ETF Decliners (GAZ, TMF, AGQ, DRN)
Monday, November 15, 2010 - 7:04pm | 173iPath Dow Jones-UBS Natural Gas Subindex Total Return ETN (NYSE: GAZ) led the decliners among the ETFs on Monday, with a decline of 7.55%. GAZ struggled today, as natural gas futures traded lower. Direxion Daily 30-Year Treasury Bull 3X Shares (NYSE: TMF) lost 6.10%, and closed at $35.38. TMF...
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Benzinga's Top ETF Gainers (TMV, ZSL, TBT, DRV, DAG)
Monday, November 15, 2010 - 6:51pm | 206Direxion Daily 30-Year Treasury Bear 3X Shares (NYSE: TMV) jumped 6.11%, and closed at $45.92 on Monday. This was the third trading session in a row that TMV closed in the positive territory. ProShares UltraShort Silver (ETF) (NYSE: ZSL) traded higher today, as silver struggled. ZSL gained 4.52%,...
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Senior Housing Properties Announces Acquisition of MOBs.
Monday, November 15, 2010 - 10:12am | 101Jefferies has published its research report today on Senior Housing Properties (NYSE: SNH) following their acquisition of 27 MOBs for $470M announced last Friday. Jefferies writes, "The 27 MOBs have a weighted average occupancy of 95%, include ~2.8M sq. ft., and are located in 12 states. SNH...
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Jefferies & Company Increasingly Concerned About UHT Outlook
Monday, November 15, 2010 - 9:51am | 119Jefferies & Company is increasingly concerned about Universal Health Realty's (NYSE: UHT) 2011 outlook given the possible revocation of the hospital license at a major tenant (Inland Valley Hospital) as well as weak fundamentals in the Nevada and Arizona markets where UHT has meaningful medical...
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JMP Securities Upgrades SNH To Outperform
Monday, November 15, 2010 - 8:29am | 52Analysts at JMP Securities upgrade Senior Housing Properties Trust (NYSE: SNH) from "market perform" to "outperform." The target price for SNH is set to $28. SNH's shares lost 1.33% to close at $23.74 on Friday. More Analyst Ratings here
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Ashford Hospitality Trust to Present at REITWorld 2010
Friday, November 12, 2010 - 12:39pm | 57Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it will provide an online audio simulcast of its presentation to the investment community at REITWorld 2010 on November 15-17, 2010, at the Waldorf=Astoria in New York, NY. The presentation will take place on Tuesday, November 16,...