Archive for May, 2010
Developer Tests East Village, Chelsea
Monday, May 31st, 2010
A New York developer is about to test the strength of the rebound in the rental apartment market by simultaneously opening luxury rental-buildings in the East Village and Chelsea. Read more
Durst, Related Face Off in WTC Bid
Monday, May 31st, 2010
Two well-respected but very different New York developers are going head to head for the right to buy into One World Trade Center, the 1,776-foot-tall office tower that will define the rebuilding of Ground Zero. Read more
Deckers Outdoor Sets Three-for-one Stock Split
Friday, May 28th, 2010
Deckers Outdoor Sets Three-for-one Stock Split Read more
Consumer Spending Unchanged in April
Friday, May 28th, 2010
Consumer spending was unexpectedly flat in April, but real disposable incomes recorded their biggest increase in nearly a year as the labor market improved and inflation remained muted, a government report showed on Friday. Read more
Lowe’s Raises Dividend By 22%
Friday, May 28th, 2010
Lowe’s Raises Dividend By 22% Read more
IS THE WORLD BROKE?: US Housing Propped Up by Giveaways
Friday, May 28th, 2010
A handful of reports this week had some market observers suggesting that a housing-market recovery is underway. But, if not for government subsidies to cash-strapped borrowers, the housing backdrop would look far different. Read more
Early-Market Movers: Enerl, OmniVision
Friday, May 28th, 2010
Here are some of the early market movers for Friday. Read more
Fitch Upgrades Mattel’s Rating To ‘BBB+’
Friday, May 28th, 2010
Fitch Upgrades Mattel’s Rating To ‘BBB+’ Read more
Retail Stocks Fall On Flat Consumer Spending
Friday, May 28th, 2010
Retail Stocks Fall On Flat Consumer Spending Read more
Centerbridge Wins Extended Stay Auction
Friday, May 28th, 2010
A group led by Centerbridge Partners prevailed in an auction to take Extended Stay out of bankruptcy protection, offering nearly $4 billion to clinch the purchase of the distressed hotel chain. Read more