Property Management
(CBG) CB Richard Ellis Group Beats Consensus Estimates
CB Richard Ellis Group Inc. (CBG) reported fourth quarter earnings of 21 cents per share after the closing bell on Wednesday. Excluding one-time charges, the company earned 28 cents per share, which surpassed the Zacks Consensus Estimate of 18 cents. The company had earned 37...
4Feb2010 | vitalstocks | 0 comments | Continued(JLL) Jones Lang LaSalle Incorporated Quarterly Revenue Rises
Jones Lang LaSalle Incorporated (JLL), a leading full-service real estate firm that provides corporate, financial, and investment management services, reported fourth quarter 2009 net income of $52.0 million or $1.19 per share compared to $41.2 million or $1.17 in the year-earlier...
3Feb2010 | vitalstocks | 0 comments | Continued(WMT) Income, Spending & Savings Rise
The December report on Personal Income and Spending showed that personal income rose by 0.4%, one tick higher than the expected 0.3% increase, but a slowdown from the 0.5% rate in November. The November rate was, however, revised up from 0.4%, so the December rate is flat from...
1Feb2010 | vitalstocks | 0 comments | Continued(GD) Where did the GDP Growth Came From?
When looking at the GDP report, and trying to look at what is driving growth, it is important to keep in mind that now all parts of GDP are of equal size, and thus equal importance. Furthermore, some parts of GDP tend to be very stable, while others can swing wildly. It is these...
29Jan2010 | vitalstocks | 0 comments | Continued(EJ) E-House China Holdings – Third Quarter Revenue Soared 119%
E-House China Holdings (EJ) is cashing in on China’s super hot housing market as fourth quarter revenue is expected to jump more than 160%. The stock has attractive valuations. E-House is trading at just 11.6x forward earnings. Company Description E-House offers a range...
19Jan2010 | vitalstocks | 0 comments | Continued(RAS) RAIT Financial Trust Bolsters RAIT Securities
RAIT Financial Trust (RAS), a real estate investment trust (REIT), has augmented the operations of RAIT Securities LLC by hiring seasoned professionals and bringing on board invaluable experience. RAIT Securities offers commercial real estate advisory services to a host of clients. In...
22Dec2009 | vitalstocks | 0 comments | Continued(RAS) RAIT Financial Trust Extends Secured Credit Facility
RAIT Financial Trust (RAS), a real estate investment trust (REIT), recently extended one of its secured credit facility to 2011. Since the second quarter of 2009, the company has extended all its three secured credit facilities, which are currently scheduled to mature in 2011. The...
17Dec2009 | vitalstocks | 0 comments | Continued(CBG) CB Richard Ellis Group to Sell CA Government Property
CB Richard Ellis Group Inc. (CBG), a leading commercial real estate firm, recently won a contract from the cash-strapped California Government to sell 17 government-owned offices in a concerted effort to raise $660 million. The properties are located across Los Angeles, Oakland,...
14Dec2009 | vitalstocks | 0 comments | Continued(JLL) Jones Lang LaSalle to Manage RREEF Retail
Jones Lang LaSalle, Inc. (JLL), a leading full-service real estate firm, has recently taken over the management control of 29 retail centers of RREEF Real Estate, a real estate company that acquires and manages investments in commercial and residential property on behalf of its...
11Dec2009 | vitalstocks | 0 comments | Continued(CT) Avoid Regional Domestic Banks – Zacks Industry Rank Analysis
Industry Rank Analysis 11-25-09 Commercial real estate is in big trouble, with rising vacancy rates leading to lower effective rents. On top of that, the Cap rate, which is sort of like the P/E ratio for stocks (or to be more precise, like the E/P or earnings yield for stocks),...
28Nov2009 | vitalstocks | 0 comments | ContinuedNov 24: Gross Domestic Product up 2.8% – Economic Highlights
GDP Preliminary Q3 Estimates show GDP increased by 2.8%, less than the expected 2.9% increase, following a 3.5% estimated increase in the advance Q3 estimate (today’s preliminary release is based on a more complete set of data), after contracting by 0.7% in the second quarter...
24Nov2009 | vitalstocks | 0 comments | Continued(EJ) E House China Holdings Ltd. – Earnings Estimates Jump
E House China Holdings Ltd. (EJ) reported better than expected third-quarter results on Nov 17 and offered bullish guidance that has since pushed estimates higher. Third-Quarter Results Sales were up 119% from last to $86.2 million. Earnings also came in strong at 43 cents per...
23Nov2009 | vitalstocks | 0 comments | Continued(JLL) Jones Lang LaSalle Incorporated is P&G’s Supplier of the Year
Jones Lang LaSalle Incorporated (JLL), a leading full-service real estate firm that provides corporate, financial and investment management services, has been recently selected as the “Supplier of the Year” by Procter & Gamble Co. (PG) for the second consecutive...
18Nov2009 | vitalstocks | 0 comments | Continued(CXW) Corrections Corporation of America Beats by a Penny
Corrections Corporation of America (CXW) reported a third quarter profit of 33 cents per share. Results beat the Zacks Consensus Estimate of 32 cents. The company had earned a profit of 33 cents in the year-ago quarter. However, including an unusual income tax benefit of $7.0...
12Nov2009 | vitalstocks | 0 comments | Continued(JLL) Asia-Pacific Performance Boosts Jones Lang LaSalle
Jones Lang LaSalle Inc. (JLL) reported third quarter earnings of 61 cents per share, which were above the Zacks Consensus Estimate by a penny. The company earned 66 cents per share in the year-ago quarter. Revenues for the quarter came in at $595.3 million compared to $677.08...
28Oct2009 | vitalstocks | 0 comments | Continued(RAS) RAIT Financial Trust Expands Advisory Services
RAIT Financial Trust (RAS), a real estate investment trust (REIT), has recently expanded the operations of RAIT Securities LLC that offers commercial real estate advisory services to a host of clients. The range of services currently offered by RAIT Securities include strategic...
16Oct2009 | vitalstocks | 0 comments | Continued(EJ) E-House China Holdings Ltd. – Beat in the Last 4 of 4 quarters by an average of 46%
E-House China Holdings Ltd. (EJ) has beat in each of the last 4 quarters by an average of 46% and recently projected 100% Q3 sales growth from last year. Company Description E-House (China) Holdings Ltd., through its subsidiaries, provides real estate brokerage and consulting...
14Oct2009 | vitalstocks | 0 comments | Continued(JLL) Jones Lang LaSalle to Manage SunTrust Bank’s Facilities
Jones Lang LaSalle Inc. (JLL), a leading real estate investment trust (REIT), has been selected by SunTrust Banks Inc. (STI), a premier banking organization in the U.S., to provide integrated facility management services across its entire portfolio spanning 16 million square...
13Oct2009 | vitalstocks | 0 comments | Continued(JLL) Jones Lang LaSalle Reasserts Alliance with Cisco
Jones Lang LaSalle Inc. (JLL), a leading real estate investment trust (REIT), recently reasserted its strategic alliance with Cisco Systems, Inc. (CSCO), a premier global Internet networking services company, and further extended it for five years. The mutually beneficial partnership...
12Oct2009 | vitalstocks | 0 comments | Continued(PCE) “Cash For Clunkers” Spending Takes from Savings
In August, personal income rose by $19.3 billion, or 0.2%, and disposable personal income (or DPI, essentially after-tax income) rose by $15.5 billion, or 0.1%. The increase in personal income is essentially the same as we saw in July, and in line with consensus expectations. DPI...
3Oct2009 | vitalstocks | 0 comments | Continued(EQR) Consumer Prices Up Slightly
The Consumer Price Index [CPI] rose 0.4% in August on a headline basis, a tick higher than consensus expectations of 0.3%. If food and energy are stripped out, prices rose 0.1%, in line with expectations. On a headline basis this follows an unchanged reading in July and a 0.7%...
16Sep2009 | vitalstocks | 0 comments | Continued(PCE) Personal Savings Rate Dips in July
In July, personal income was essentially unchanged (up by $3.8 billion, or less than 0.1%). If one subtracts out taxes to get disposable personal income (DPI), it was also essentially unchanged — except it was a decline of $4.6 billion, but that is also less than 0.1%. On...
28Aug2009 | vitalstocks | 0 comments | Continued(JLL) Jones Lang LaSalle Incorporated Feels Retail Recovery Likely in 2010
According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT) in the U.S., the retail market is likely to recover in 2010, with discount retailers benefiting the most from the recovery. The continued softness in the economy...
27Aug2009 | vitalstocks | 0 comments | Continued(BPO) Business Process Outsourcing- Industry Outlook
Stocks of companies in the IT Services/BPO Sector have performed impressively along with the broader market averages during the current June quarter after being beaten down since the housing-market-driven overall market collapse in September of 2008. The Business Process Outsourcing...
22Jun2009 | vitalstocks | 0 comments | Continued(BPO) Business Process Outsourcing- Industry Outlook
Stocks of companies in the IT Services/BPO Sector have performed impressively along with the broader market averages during the current June quarter after being beaten down since the housing-market-driven overall market collapse in September of 2008. The Business Process Outsourcing...
19Jun2009 | vitalstocks | 0 comments | Continued(CXW) Corrections Corporation of America – Value – Zacks Rank Buy
Corrections Corporation of America (CXW), one of the largest operators of prisons in the United States, has surprised on estimates 3 out of the last 4 quarters by an average of 4.61%. Revenue grew 6.5% in the first quarter. Company Description Corrections Corporation of America...
18Jun2009 | vitalstocks | 0 comments | Continued(CXW) Corrections Corporation of America – 1 out of 4 covering analysts raised in the last week
Corrections Corporation of America (CXW), the largest operator of private prisons in the United States, is buying back stock as revenue continues to climb. Analysts expect 13.77% earnings growth in 2009. CXW is trading at 11.3x forward earnings. Company Description Corrections...
15Jan2009 | Shawn | 0 comments | Continued