Department Store Blues
Nov 17, 2008
Dillard's to close more stores in 2009. Sear's has announced seven more store closings. Kohl's isn't closing stores, but its third quarter profit fell 17 percent.
CBRE's Turnaround
Nov 17, 2008
CB Richard Ellis stock initially dropped after the company canceled a private offering, but then surged massively after it completed a public offering instead.
General Growth Downgraded; Feldman to Stop Filing Public Reports
Nov 17, 2008
Some quick news bites to start the day. ...
$832.36 vs. $431
Nov 14, 2008
About a month ago, the National Retail Federation came out with their annual Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch. According to the survey, consumers were going to spend $832.36 apiece--a 1.9 percent increase...
Macy's Goes Local
Nov 14, 2008
Wasn't the whole point of the Federated/May merger, subsequent rebranding of stores as "Macy's" and changing the company's name to Macy's Inc. all about trying to create a national brand? Apparently, not anymore. ...
October Retail Sales Crash
Nov 14, 2008
The Commerce Department released its latest results. And the numbers are a disaster. ...
Did Paulson Break the CMBX Indices?
Nov 13, 2008
Check out the spreads. ...
Kimco Shuffles Management Structure
Nov 13, 2008
The release just hit the wires. Kimco Vice Chairman and Chief Investment Office David Henry will be the company's president. Milton Cooper will remain Chairman and CEO, but "will also lead an expanded office of the chairman." ...
General Growth Roundup
Nov 12, 2008
The company closed at $0.49 per share, but fell further in after hours trading. ...
Another Big Project Scrapped
Nov 12, 2008
Toss developer Robert Stark's plan for a massive mixed-use project near downtown Cleveland's Public Square into the graveyard. ... However, Mr. Stark's plan envisioned heading beyond the super block west as far as West Ninth Street. That...
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