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