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KBW Decreases EPS Estimates For Felcor Lodging Trust
Wednesday, August 3, 2011 - 9:08am | 53According to KBW, Felcor Lodging Trust (NYSE: FCH), EPS estimates have been decreased. KBW reported a decrease in Felcor EPS estimates from $0.29 to $0.17 for FY11 and from $0.54 to $0.45 for FY12. PT is reiterated at $6.50 and rating is maintained as Market Perform. FCH closed yesterday at $4.58.
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Bank of America Downgrades Host Hotels & Resorts to Neutral, Lowers PO to $17
Wednesday, August 3, 2011 - 8:59am | 30Bank of America has downgraded Host Hotels & Resorts (NYSE: HST) from Buy to neutral and has lowered the price objective from $20 to $17.
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Morgan Keegan Maintains Outperform on HCP
Wednesday, August 3, 2011 - 7:41am | 100Morgan Keegan is out with its report today on HCP (NYSE: HCP), maintaining Outperform. In its report, Morgan Keegan writes, "HCP is the best-diversified healthcare REIT. Management has identified growth opportunities across asset classes through direct ownership, debt investments, and...
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Earnings Scheduled For August 3
Wednesday, August 3, 2011 - 3:58am | 502Owens Corning Inc (NYSE: OC) is expected to report its Q2 EPS at $0.57 on revenue of $1.38 billion. Time Warner Inc (NYSE: TWX) is estimated to report its Q2 earnings at $0.56 per share on revenue of $6.81 billion. Comcast Corporation (NASDAQ: CMCSA) is projected to report its Q2 EPS at $0.41 on...
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 1:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Earnings Roundup
Tuesday, August 2, 2011 - 9:30am | 1919Archer Daniels Midland Co (NYSE: ADM) reported a decline in its fiscal fourth-quarter profit. Archer Daniels Midland reported its quarterly profit at $381 million, or $0.58 per share, down from $446 million, or $0.69 per share, in the year-earlier period. Analysts were expecting earnings of $0.85...
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UPDATE: HCP Reports Strong Rise In Q2 Profit
Tuesday, August 2, 2011 - 8:38am | 94HCP Inc (NYSE: HCP) reported a strong rise in its second-quarter profit. HCP reported its quarterly profit at $228.8 million, or $0.55 per share, up from $85.1 million, or $0.27 per share, in the year-earlier period. Its revenue climbed to $488.7 million from $301.9 million. HCP's adjusted funds...
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Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 4:20am | 3164Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Public Storage Earnings Preview: Higher Revenue Expected
Monday, August 1, 2011 - 4:35pm | 518Public Storage (NYSE: PSA) unveils its next round of earnings this Thursday, August 4, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of $1.38/share and revenues of $...
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KeyBanc Capital Markets Downgrades Entertainment Properties
Monday, August 1, 2011 - 1:38pm | 119KeyBanc Capital Markets downgraded its Entertainment Properties (NYSE: EPR) rating from Buy to Hold in a research report published today. In the report, KeyBanc Capital Markets states, "Despite being more cautious on the triple-net group heading into 2011, we had maintained a BUY rating on the...
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Supertel Hospitality Announces Sale of Hotel Properties for $5.1 Million
Monday, August 1, 2011 - 11:28am | 121Supertel Hospitality, Inc. (NASDAQ: SPPR) today announced that it has closed on the sale of two independently flagged economy hotels this week. Combined proceeds from the sales totaled $5.1 million which were used by Supertel to reduce balances on the company's credit facilities. The 119-room...
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Morgan Keegan Maintains Outperform on Healthcare Realty Trust
Monday, August 1, 2011 - 7:15am | 95Morgan Keegan is out with its report today on Healthcare Realty Trust (NYSE: HR), maintaining Outperform. In its report, Morgan Keegan writes, "Healthcare Realty Trust is focused on growth via acquired and developed medical office buildings, operating assets that can generate superior NOI growth...
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General Growth Properties Earnings Preview
Thursday, July 28, 2011 - 5:56pm | 458General Growth Properties (NYSE: GGP) unveils its next round of earnings this Tuesday, August 2, 2011. Here's Benzinga's advanced look at General Growth Properties' second quarter earnings report. Earnings and Revenue: Analysts are predicting an EPS reading of 23 cents per share and revenues...
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Health Care Property Investors Earnings Preview
Thursday, July 28, 2011 - 5:56pm | 613Health Care Property Investors (NYSE: HCP) releases its next round of earnings this Tuesday, August 2, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's second quarter earnings announcement. Earnings and Revenue: Based on estimates, investors are readying for a...
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Strategic Hotels & Resorts, Inc. Announces the Closing of a Ten-Year, $145 Million Loan
Thursday, July 28, 2011 - 11:46am | 149Strategic Hotels & Resorts, Inc. (NYSE: BEE) today announced that it has closed a $145.0 million limited recourse loan secured by the InterContinental Chicago hotel. This new financing replaces the $121.0 million financing previously encumbering the property. This loan is the final debt...