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10 Must Reads for the CRE Industry Today (February 12, 2015)

2015-02-12 16:18:00| National Real Estate Investor

Blackstone purchased a 50 percent stake in a six-building New York office portfolio valued at $4 billion, reports The Wall Street Journal. Prologis agreed to pay $820 million for Morris Realtys portfolio of warehouse, retail and land assets, according to StreetInsider.com. Colliers International is splitting off from Canadian parent FirstService Corp., notes Bloomberg. These are among todays must reads from around the commercial real estate industry. Content Classification:  Curated read more

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What to Expect When Applied Materials (AMAT) Posts Earnings Today

2015-02-12 12:48:17| Semiconductors - Topix.net

For the quarter, analysts expect earnings of 27 cents per share, better than the 23 cents the manufacturing equipment company posted in the same quarter of last year. Revenue for the fiscal first-quarter is expected by analysts to come in at $2.33 billion, higher than the year-ago sales of $2.19 billion.

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VIDEO: New Phone Unlocking Rules Take Effect Today

2015-02-11 23:02:29| PC Magazine Cell Phones Product Guide

New nationwide rules that allow people to unlock phones from all the major carriers take effect today.

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10 Must Reads for the CRE Industry Today (February 11, 2015)

2015-02-11 16:23:00| National Real Estate Investor

Hilton Worldwide has struck a $1.76 billion deal for five hotels in Florida and San Francisco, reports Bloomberg. A Chinese real estate firm bought a development site in San Francisco for $296 million, according to Commercial Property Executive. Targets Canadian landlords wants the chain to enter full bankruptcy there, reveals Chain Store Age. These are todays must reads from around the commercial real estate industry. Content Classification:  Curated read more

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Hasbro (HAS) Stock Rising Today on Analyst Upgrade

2015-02-10 20:45:50| Toys - Topix.net

The firm raised its rating on Hasbro with a $70 price target, following the release of the company's mixed fourth quarter earnings report. For the fourth quarter, Hasbro posted earnings of $1.22 per share, higher than the $1.21 it reported a year ago, and topping the $1.19 per share analysts expected.

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