SYS-CON MEDIA Authors: Kevin Benedict, Rich Waidmann, Pat Romanski, Michael Jannery, Javier Paniza

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
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
At 15th Cloud Expo, Shrikant Pattathil, Executive Vice President at Harbinger Systems, demos a video delivery platform that helps you do interactive videos. He discusses how Harbinger is accomplishing it in the cloud world, the problems they faced and the choices they made to get around these problems.
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
AppDynamics, the application intelligence leader for software-defined businesses, announced the general availability of the AppDynamics Fall '14 Release. Serving the combined needs of IT and business teams across the enterprise, the latest release provides a comprehensive view across all aspects of digital performance in ultra large scale deployments. AppDynamics delivers Application Intelligence by building out advanced capabilities across the key areas of analytics, unified monitoring and D...
CloudBees, Inc., has announced a $23.5 million financing round, led by longtime CloudBees investor Lightspeed Venture Partners. Existing investors Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated in the round. The latest funding announcement follows earlier rounds of $4 million, $10.5 million and $10.8 million, bringing the total investment in CloudBees to just under $50 million since the company’s inception in 2010. Previous venture investment rounds were led by Ma...
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
We’re no longer looking to the future for the IoT wave. It’s no longer a distant dream but a reality that has arrived. It’s now time to make sure the industry is in alignment to meet the IoT growing pains – cooperate and collaborate as well as innovate. In his session at @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, will examine the key ingredients to IoT success and identify solutions to challenges the industry is facing. The deep industry expertise be...
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Amazon, Google and Facebook are household names in part because of their mastery of Big Data. But what about organizations without billions of dollars to spend on Big Data tools - how can they extract value from their data? In his session at 6th Big Data Expo®, Ali Ghodsi, Co-Founder and Head of Engineering at Databricks, discussed how the zero management cost and scalability of the cloud is addressing the challenges and pain points that data engineers face when working with Big Data. He also s...
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, ...
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of present...