Welcome!

News Feed Item

Quarterly Dividends, Acquisitions, and New Projects - Research Report on DDR, Hospitality Properties Trust, Tanger Factory Outlet Centers, Sun Communities, and Colonial Properties Trust

Editor Note: For more information about this release, please scroll to bottom

NEW YORK, July 19, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting DDR Corp (NYSE: DDR), Hospitality Properties Trust (NYSE: HPT), Tanger Factory Outlet Centers Inc. (NYSE: SKT), Sun Communities Inc (NYSE: SUI), and Colonial Properties Trust Inc (NYSE: CLP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

DDR Corp Research Report

On July 1, 2013, DDR Corp. (DDR) announced that, during Q2 2013, it had completed the acquisition of its joint venture partner's 85% interest in five prime power centers located in Atlanta, Tampa and Richmond, all in Georgia, for $94 million.  During the same period, DDR disposed $64 million of non-prime assets, of which the Company's share was $60 million. The Company expects that these transactions will allow it to further enhance its portfolio quality as well as simplify the Company's structure. The investments were funded with proceeds from asset sales and the issuance of common equity. DDR issued 2.5 million new common shares during Q2 2013 at an average price of $17.83, generating gross proceeds of $45 million. These prime power centers were unencumbered at the time of acquisition, and will be included in the Company's high quality unencumbered asset pool. "Consistent with our strategic goals, these acquisitions and dispositions increase our exposure to high credit quality tenants located at prime power centers in major markets," said David J. Oakes, President and Chief Financial Officer of DDR. The Full Research Report on DDR Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-17/DDR]  

--

Hospitality Properties Trust Research Report

On July 10, 2013, Hospitality Properties Trust (HPT) announced a regular quarterly common share distribution of $0.47 per common share ($1.88 per share per year). This distribution will be paid on or about August 23, 2013 to HPT's common shareholders of record as of the close of business on July 26, 2013. The previous regular quarterly dividend on Series D Cumulative Redeemable Preferred Shares was approximately $0.45 per share, which was paid on July 15, 2013 to the shareholders of record at the close of business on June 28, 2013. HPT is a real estate investment trust, or REIT, headquartered in Newton, Massachusetts which owns, as on the date of the release, 290 hotels and 185 travel centers located in 44 states, Puerto Rico and Canada. The Full Research Report on Hospitality Properties Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-17/HPT]

--

Tanger Factory Outlet Centers Inc. Research Report

On July 11, 2013, Tanger Factory Outlet Centers, Inc. (Tanger) announced today that its Board of Directors has declared a quarterly dividend of $0.23 per share for Q2 2013 (period ended June 30, 2013). The cash dividend will be payable on August 15, 2013 to holders of record as on July 30, 2013. Since May 1993, when Tanger became a public company, it has paid a cash dividend each quarter and has increased its dividend each year. In addition, Tanger also announced on June 13, 2013 that its financial results for Q2 2013 will be released on Tuesday, July 30, 2013 after the market close. The Company will host its conference call for analysts, investors, and other interested parties on Wednesday, July 31, 2013 at 10:00 a.m. ET. The Full Research Report on Tanger Factory Outlet Centers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-17/SKT]

--

Sun Communities Inc. Research Report

On July 10, 2013, a Bloomberg report revealed that Sun Communities Inc.'s (Sun) parent company Sun International Ltd. (Sun International) has announced plans to build a 3 billion-rand ($299 million) complex, which is pending due to a license transfer approval. In a statement released after the market closed yesterday, Sun International said that it is applying to the Gauteng Gambling Board to relocate a casino to Menlyn, east of Pretoria. Gauteng is the commercial hub of Africa's biggest economy and includes Johannesburg and Pretoria. If the application is approved, Sun International will go ahead with the 3 billion-rand entertainment complex that includes a casino, hotel, conference center, and entertainment arena. The Full Research Report on Sun Communities Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-17/SUI]

--

Colonial Properties Trust Inc Research Report

On July 8, 2013, Colonial Properties Trust (Colonial), announced its Board of Trustees has approved a quarterly common dividend of $0.21 per share for Q3 2013 payable July 31, 2013, to shareholders of record as of July 19, 2013, representing an ex-dividend date of July 17, 2013. Colonial also announced plans to issue its Q2 2013 earnings before the market opens on Thursday, August 1, 2013. The Company will host a conference call the same day at 1:30 p.m. CT. A replay of the conference call will also be available through August 14, 2013. The live broadcast of Colonial's quarterly conference call will be available online, on a listen-only basis, at the Investors section of the Company's website, under Corporate Overview or Press Releases in the Event Calendar section. The online replay will follow shortly after the call and continue to be available for approximately 60 days. The Full Research Report on Colonial Properties Trust Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-17/CLP]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].  
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


http://analystscorner.com/

SOURCE Investors' Reports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they bu...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, will discuss some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he’ll go over some of the best practices for structured team migrat...
SYS-CON Events announced today that Datera will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera offers a radically new approach to data management, where innovative software makes data infrastructure invisible, elastic and able to perform at the highest level. It eliminates hardware lock-in and gives IT organizations the choice to source x86 server nodes, with business model option...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
Digital transformation is changing the face of business. The IDC predicts that enterprises will commit to a massive new scale of digital transformation, to stake out leadership positions in the "digital transformation economy." Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA, Oct 31-Nov 2, will find fresh new content in a new track called Enterprise Cloud & Digital Transformation.
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
Cloud Expo, Inc. has announced today that Andi Mann and Aruna Ravichandran have been named Co-Chairs of @DevOpsSummit at Cloud Expo Silicon Valley which will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. "DevOps is at the intersection of technology and business-optimizing tools, organizations and processes to bring measurable improvements in productivity and profitability," said Aruna Ravichandran, vice president, DevOps product and solutions marketing...
As people view cloud as a preferred option to build IT systems, the size of the cloud-based system is getting bigger and more complex. As the system gets bigger, more people need to collaborate from design to management. As more people collaborate to create a bigger system, the need for a systematic approach to automate the process is required. Just as in software, cloud now needs DevOps. In this session, the audience can see how people can solve this issue with a visual model. Visual models ha...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
SYS-CON Events announced today that Avere Systems, a leading provider of hybrid cloud enablement solutions, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere Systems was created by file systems experts determined to reinvent storage by changing the way enterprises thought about and bought storage resources. With decades of experience behind the company’s founders, Avere got its ...