REIT - Diversified
(PCL) Plum Creek Timber Company Beats Marginally
Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fourth quarter earnings of $28 million or 17 cents per share, compared to $95 million or 57 cents per share in the year-earlier quarter. For full year...
2Feb2010 | vitalstocks | 0 comments | Continued(DRE) Duke Realty Corporation Fourth Quarter FFO Declines
Duke Realty Corp. (DRE), a real estate investment trust (REIT), reported FFO (fund from operations) of 33 cents and 4 cents per share in the fourth quarter and for full fiscal 2009, respectively, compared to 70 cents and $2.51 in the comparable periods in 2008. Fund from operations,...
28Jan2010 | vitalstocks | 0 comments | Continued(DRE) Duke Realty Corporation Renews Credit Facility
Duke Realty Corporation (DRE), a real estate investment trust (REIT) engaged in owning, managing and developing industrial, health care and office properties across the U.S, has recently renewed its unsecured revolving credit facility to enhance its operating flexibility in the...
23Nov2009 | vitalstocks | 0 comments | Continued(PCL) Plum Creek Timber Company Beats Estimates
Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported third quarter earnings of $19 million or 12 cents per share, compared to $69 million or 40 cents per share in the year-earlier quarter. Earnings results...
27Oct2009 | vitalstocks | 0 comments | Continued(CUZ) Cousins Announces Staff Layoffs
Cousins Properties Inc. (CUZ), a leading real estate investment trust (REIT), recently announced the layoff of 10% of its corporate staff to reduce costs amid the continued economic downturn. Fundamentals are declining in many of the company’s office markets as corporate expansion...
31Aug2009 | vitalstocks | 0 comments | Continued(PCL) Overvalued Timber REITs: Why Timber Investing Isn’t What It Used To Be
by David Fessler, Advisory Panelist Ten years ago, it would be hard to imagine a more stable investment than timber, or those Real Estate Investment Trusts (REITs) that bought millions of acres of harvestable trees. The 1990s were an ideal period to have timber as an investment: Housing...
19Aug2009 | InvestmentU | 0 comments | Continued