Tuesday, 3 Nov 2009 | Source: The Associated Press
Vornado Realty Trust on Tuesday said its third-quarter profit rose 15 percent, benefiting from the sale of an office building in Washington, D.C. and its investment in Toys R Us.
Thursday, 8 Oct 2009 | Posted By:
Jeff Cox | Source: CNBC.com
Continued signs of stabilization in the market, from a reversal of falling home price to a tightening in credit spreads, have analysts optimistic about the builders' future. No wonder the sector is hot.
Stocks struggled to stay in positive territory for any length of time Tuesday as profit-taking after Monday's blockbuster rally overshadowed a fifth-straight rise in pending-home sales.
Tuesday, 2 Jun 2009 | Posted By:
Jeff Cox | Source: CNBC.com
After taking a beating for two years, real estate investment trusts are popular again with investors looking for bargains and a way to capitalize on an industry rebound.
Last night debt-laden Toys R Us thrust itself into the high-end toy business by purchasing struggling toy chain FAO Schwarz. The two toy chains are surviving thanks in part to the financial backing of three prominent private equity firms.