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Public Storage Completes Mergers of Property Series Partnerships
Tuesday, August 23, 2011 - 5:18pm | 70Public Storage (NYSE: PSA) announced today the closing of the mergers to acquire the limited and general partnership interests which the company did not already own in five affiliated partnerships. The aggregate value of the merger transactions totaled $154.3 million of which $98.2 was elected in...
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Notable Call Options Activity in Health Care REIT
Monday, August 22, 2011 - 1:08pm | 116Shares of Health Care REIT (NYSE: HCN) are higher on the session by 1.44%, currently trading at $46.50. The stock has been moving largely lower over the past two months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the October...
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Top 4 Stocks In The Conglomerates Sector With The Highest Dividend Yield
Monday, August 22, 2011 - 3:54am | 121Below are the top conglomerates stocks on the NYSE and the NASDAQ in terms of dividend yield. 3M Company (NYSE: MMM) has a dividend yield of 2.90%. MMM's shares closed at $76.87 on Friday. Rayonier Inc (NYSE: RYN) has a dividend yield of 2.80%. RYN's shares closed at $57.77 on Friday. United...
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Benzinga's Top Downgrades
Thursday, August 18, 2011 - 7:41am | 121HCP Inc (NYSE: HCP) was downgraded by Robert W. Baird from "outperform" to "neutral." HCP's shares closed at $34.70 yesterday. HCP's trailing-twelve-month ROE is 5.88%. Goldman Sachs downgraded Goodyear Tire & Rubber Company (NYSE: GT) from “neutral” to “sell.” GT's stock closed at $13.34...
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Jefferies "Re-Launches" Coverage On Ventas At Buy, $56 PT
Thursday, August 18, 2011 - 6:48am | 24Jefferies & Company has "re-launched" coverage on Ventas (NYSE: VTR) with a Buy rating and $56 price target.
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Omega Announces Closing of New $475M Unsecured Revolving Credit Facility
Tuesday, August 16, 2011 - 4:30pm | 70Omega Healthcare Investors, Inc. (NYSE: OHI) today announced that it has entered into a new $475 million revolving unsecured credit facility effective August 16, 2011. The New Credit Facility replaces Omega's previous senior secured credit facility. The New Credit Facility matures in four years,...
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Goldman Sachs Initiates Coverage On Entertainment Properties Trust
Tuesday, August 16, 2011 - 9:03am | 145Goldman Sachs is out with a research report on Entertainment Properties Trust (NYSE: EPR) and is initiating coverage with a Neutral rating and a $42 price target on shares. In a note to clients, Goldman Sachs writes, "We initiate coverage of small-cap REIT Entertainment Properties Trust (EPR) with...
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Goldman Sachs Initiates Entertainment Properties Trust At Neutral, $42 PT
Tuesday, August 16, 2011 - 5:45am | 26Goldman Sachs has initiated coverage on Entertainment Properties Trust (NYSE: EPR) with a Neutral rating and $42 price target.
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Mad Money Lightning Round: Cramer Likes Starbucks, BJ's Restaurants
Tuesday, August 16, 2011 - 4:16am | 244On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Caterpillar (NYSE: CAT) has “been a difficult stock to own but I think Caterpillar is dirt cheap. I refuse to throw in the towel and continue to own it." For Public Storage (NYSE: PSA), he said, "I like the real estate...
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Top 10 Dividends In The S&P 500
Friday, August 12, 2011 - 1:20pm | 411We have gone through some rocky times in the past few weeks, with volatility almost reminiscent of 2008. Volatility tends to scare off investors. Dividend yields, especially higher dividend yielding stocks tend to offer some protection in downturns such as the one we are currently experiencing....
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Puts Purchased on Plum Creek Timber
Friday, August 12, 2011 - 12:25pm | 130Shares of Plum Creek Timber (NYSE: PCL) are lower on the session by 0.14%, currently trading at $36.51. The stock has been moving largely lower over the past five weeks and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago...
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Jefferies Downgrades Host Hotels & Resorts To Hold, Lowers PT To $11
Friday, August 12, 2011 - 6:36am | 29Jefferies & Company has downgraded Host Hotels & Resorts (NYSE: HST) from Buy to Hold and has lowered the price target from $22 to $11.
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Jefferies Downgrades LaSalle Hotel Properties To Hold, Lowers PT To $18
Friday, August 12, 2011 - 6:35am | 29Jefferies & Company has downgraded LaSalle Hotel Properties (NYSE: LHO) from Buy to Hold and has lowered the price target from $31 to $18.
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U-Store-It Sells 18 Assets in Cleveland for $43.5M
Thursday, August 11, 2011 - 8:35am | 30U-Store-It Trust (NYSE: YSI) announced today that it has closed on the sale of an 18 property portfolio for total proceeds of $43.5 million.
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Top 4 Mid-Cap Stocks In The REIT-Residential Industry With The Highest Dividend Yield
Thursday, August 11, 2011 - 4:25am | 122Below are the top mid-cap REIT-residential stocks on the NYSE and the NASDAQ in terms of dividend yield. American Capital Agency Corp (NASDAQ: AGNC) has a dividend yield of 18.80%. AGNC's shares closed at $28.41 yesterday. Hatteras Financial Corp (NYSE: HTS) has a dividend yield of 14.50%. HTS'...