Latest Pennsylvania Real Estate Investment (PEI) Headlines
Downgrade Alert for Pennsylvania Real Estate Investment Trust (PEI)
Comtex SmarTrend(R) - Wed Mar 05, 7:07AM CST
Pennsylvania Real Estate Investment Trust (NYSE
EI) was downgraded from Buy to Hold at Stifel today. The stock closed yesterday at $18.27 on volume of 1.4 million shares, above average daily volume of 678,000. Pennsylvania Real Estate Investment Trust is a self-administered real estate investment trust involved in acquiring, managing and holding real estate interests for current yield and long-term appreciation. The Company's real estate holdings consist of shopping malls, strip and power centers, and industrial properties in the Mid-Atlantic and Southeastern United States.
Vornado Inks Deal to Swap Town Center - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 04, 6:30PM CST
Vornado penned a deal to exchange the redeveloped Springfield Town Center in Virginia with Pennsylvania Real Estate Investment Trust for $465 million.
Vornado Enters into Agreement to Exchange the Redeveloped Springfield Town Center for $465 Million of Cash and Operating Partnership Units
Business Wire - Mon Mar 03, 7:41AM CST
VORNADO REALTY TRUST (NYSE:VNO) announced today that it has entered into an agreement to transfer upon completion, the redeveloped Springfield Town Center to Pennsylvania Real Estate Investment Trust (NYSE EI) ("PREIT') in exchange for $465 million; comprised of $340 million of cash and $125 million of PREIT operating partnership units.
PREIT Enters into Agreement to Exchange $465 Million of Cash and Operating Partnership Units for the Redeveloped Springfield Town Center
PR Newswire - Mon Mar 03, 7:30AM CST
PREIT (NYSE: PEI) today announced that it has entered into an agreement with Vornado Realty Trust (NYSE: VNO) to acquire Springfield Town Center in Springfield, VA.
Moving Average Crossover: Great News for Pennsylvania R.E.I.T. (PEI)? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 27, 9:02AM CST
Moving Average Crossover: Great News for Pennsylvania R.E.I.T. (PEI)?
SOA Software API Gateway(TM) Wins Info Security Global Excellence Award
Business Wire - Thu Feb 27, 6:01AM CST
RSA CONFERENCE 2014 - SOA Software, an API Management and SOA Governance leader, announced today that the Info Security Products Guide, the industry's leading information security research and advisory guide, has named SOA Software the winner for the 10th Annual 2014 Global Excellence Awards announced at the RSA Conference this week. SOA Software's API Gateway is the winner in the API Management and Security category. These prestigious global awards recognize security and IT vendors with advanced, ground-breaking products and solutions that are helping set the bar higher for others in all areas of security and technologies.
PREIT to Present at Citi 2014 Global Property CEO Conference
PR Newswire - Mon Feb 24, 3:30PM CST
Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that Joseph Coradino, Chief Executive Officer, and Robert McCadden, Executive Vice President and Chief Financial Officer, will participate in a roundtable presentation at the Citi 2014 Global Property CEO Conference in Hollywood, Florida.
PREIT Reports 2013 Results and Introduces 2014 Guidance
PR Newswire - Tue Feb 18, 3:30PM CST
PREIT (NYSE: PEI) today reported results for the year and quarter ended December 31, 2013.
Research and Markets: Global Pharmaceutical Packaging Market Report 2014-2018: Plastic bottles, Blister packs, Caps & Closures, Ampoules, Vials and Others
Business Wire - Fri Feb 14, 11:18AM CST
Research and Markets (http://www.researchandmarkets.com/research/bbfff9/pharmaceutical) has announced the addition of the "Pharmaceutical Packaging Market by Packaging Type. Raw Material & Drug Delivery Type - Global Trends & Forecast to 2018" report to their offering.
PREIT Declares Quarterly Dividend for Common and Preferred Shares
PR Newswire - Thu Feb 13, 3:30PM CST
Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on March 17, 2014 to common shareholders of record on March 3, 2014. The March 17th dividend payment will be the Company's 148th consecutive distribution since its initial dividend paid in August of 1962.
J.C. Penney: A Band-Aid Won't Stop the Bleeding
at The Street - Tue Jan 28, 10:25AM CST
Penney's Jan. 15 'strategic initiative' will close 33 under-performing stores as part of its continued turnaround efforts.
PREIT Reports Tax Status of 2013 Distributions
PR Newswire - Fri Jan 17, 3:30PM CST
PREIT (NYSE: PEI) today announced that the tax status of the distributions paid per share during 2013 is as follows:
Upgrade Alert for Pennsylvania Real Estate Investment Trust (PEI)
Comtex SmarTrend(R) - Fri Jan 17, 7:15AM CST
Pennsylvania Real Estate Investment Trust (NYSE EI) was upgraded from Underweight to Neutral at JP Morgan today. The stock closed yesterday at $19.27 on volume of 681,000 shares, above average daily volume of 479,000. Pennsylvania Real Estate Investment Trust has overhead space with shares priced $19.27, or 3.3% below the average consensus analyst price target of $19.93. The stock should find initial support at its 200-day moving average (MA) of $19.16 and further support at its 50-day MA of $18.31.
PREIT Comments on the Announced Closure of JCPenney at Exton Square Mall
PR Newswire - Fri Jan 17, 7:00AM CST
PREIT (PREIT/NYSE: PEI) today provided commentary on the announced closure of the 118,000 square foot JCPenney store at its Exton Square Mall. PREIT looks forward to incorporating the JCPenney building into its planned redevelopment of the mall which is expected to follow the recapture of an existing Kmart location, ideally located with extensive frontage along heavily traveled Route 100 in Exton, Pennsylvania. The Company has an absolute right to acquire the Ground Lease underlying the Kmart building in 2016.
PREIT Finalizes New Unsecured Term Loans Totaling $250 Million
PR Newswire - Thu Jan 09, 7:00AM CST
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) has entered into two unsecured term loans for an aggregate amount of $250.0 million, comprised of a $150.0 million, 5 Year Term Loan and a $100.0 million, 7 Year Term Loan (collectively "2014 Term Loans").
PREIT Schedules Fourth Quarter 2013 Earnings Release and Conference Call
PR Newswire - Mon Dec 30, 3:30PM CST
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter and year ended December 31, 2013 after market trading closes on Tuesday, February 18, 2014.
Simon Properties Gives Shareholders a Nice Christmas Present
Bill Stoller, The Motley Fool - Motley Fool - Fri Dec 27, 8:34AM CST
It appears that Friday the 13th was a lucky day for shareholders of mall landlord Simon Property Group . Simon is the largest publically traded REIT in the U.S., with ownership interests in 325 properties comprising about 242 million square feet....
PREIT Finances Wyoming Valley Mall and Repays Beaver Valley Mall Loan
PR Newswire - Mon Dec 16, 3:49PM CST
Pennsylvania Real Estate Investment Trust (NYSE: PEI) has completed the financing of Wyoming Valley Mall in Wilkes-Barre, PA and used a portion of the proceeds to repay the mortgage loan balance on Beaver Valley Mall in Monaca, PA without penalty.
It's Time to Buy These 3 Dividend Stocks
Bob Chandler, The Motley Fool - Motley Fool - Tue Dec 10, 2:31PM CST
Real estate investment trust (REIT) shares have suffered as the stock market has anticipated higher interest rates. The fear of a gradual reduction in the Federal Reserve's quantitative easing program, or QE, has helped push the iShares US Real...
Eighty-five Percent of Americans Plan to Increase or Maintain Holiday Spending[1] in 2013, New Survey Says
PR Newswire - Mon Nov 25, 7:00AM CST
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI), a leading real estate investment trust specializing in the ownership and management of differentiated retail shopping malls, today announced the results of a Harris Interactive study conducted on its behalf in November 2013 among more than 2,000 U.S. adults examining holiday spending plans. This survey is the first in a series of periodic research reports examining the behavior and propensity of American consumers to shop at malls.
Downgrade Alert for Pennsylvania Real Estate Investment Trust (PEI)
Comtex SmarTrend(R) - Wed Mar 05, 7:07AM CST
Pennsylvania Real Estate Investment Trust (NYSE
EI) was downgraded from Buy to Hold at Stifel today. The stock closed yesterday at $18.27 on volume of 1.4 million shares, above average daily volume of 678,000. Pennsylvania Real Estate Investment Trust is a self-administered real estate investment trust involved in acquiring, managing and holding real estate interests for current yield and long-term appreciation. The Company's real estate holdings consist of shopping malls, strip and power centers, and industrial properties in the Mid-Atlantic and Southeastern United States. Vornado Inks Deal to Swap Town Center - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 04, 6:30PM CST
Vornado penned a deal to exchange the redeveloped Springfield Town Center in Virginia with Pennsylvania Real Estate Investment Trust for $465 million.
Vornado Enters into Agreement to Exchange the Redeveloped Springfield Town Center for $465 Million of Cash and Operating Partnership Units
Business Wire - Mon Mar 03, 7:41AM CST
VORNADO REALTY TRUST (NYSE:VNO) announced today that it has entered into an agreement to transfer upon completion, the redeveloped Springfield Town Center to Pennsylvania Real Estate Investment Trust (NYSE
EI) ("PREIT') in exchange for $465 million; comprised of $340 million of cash and $125 million of PREIT operating partnership units. PREIT Enters into Agreement to Exchange $465 Million of Cash and Operating Partnership Units for the Redeveloped Springfield Town Center
PR Newswire - Mon Mar 03, 7:30AM CST
PREIT (NYSE: PEI) today announced that it has entered into an agreement with Vornado Realty Trust (NYSE: VNO) to acquire Springfield Town Center in Springfield, VA.
Moving Average Crossover: Great News for Pennsylvania R.E.I.T. (PEI)? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 27, 9:02AM CST
Moving Average Crossover: Great News for Pennsylvania R.E.I.T. (PEI)?
SOA Software API Gateway(TM) Wins Info Security Global Excellence Award
Business Wire - Thu Feb 27, 6:01AM CST
RSA CONFERENCE 2014 - SOA Software, an API Management and SOA Governance leader, announced today that the Info Security Products Guide, the industry's leading information security research and advisory guide, has named SOA Software the winner for the 10th Annual 2014 Global Excellence Awards announced at the RSA Conference this week. SOA Software's API Gateway is the winner in the API Management and Security category. These prestigious global awards recognize security and IT vendors with advanced, ground-breaking products and solutions that are helping set the bar higher for others in all areas of security and technologies.
PREIT to Present at Citi 2014 Global Property CEO Conference
PR Newswire - Mon Feb 24, 3:30PM CST
Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that Joseph Coradino, Chief Executive Officer, and Robert McCadden, Executive Vice President and Chief Financial Officer, will participate in a roundtable presentation at the Citi 2014 Global Property CEO Conference in Hollywood, Florida.
PREIT Reports 2013 Results and Introduces 2014 Guidance
PR Newswire - Tue Feb 18, 3:30PM CST
PREIT (NYSE: PEI) today reported results for the year and quarter ended December 31, 2013.
Research and Markets: Global Pharmaceutical Packaging Market Report 2014-2018: Plastic bottles, Blister packs, Caps & Closures, Ampoules, Vials and Others
Business Wire - Fri Feb 14, 11:18AM CST
Research and Markets (http://www.researchandmarkets.com/research/bbfff9/pharmaceutical) has announced the addition of the "Pharmaceutical Packaging Market by Packaging Type. Raw Material & Drug Delivery Type - Global Trends & Forecast to 2018" report to their offering.
PREIT Declares Quarterly Dividend for Common and Preferred Shares
PR Newswire - Thu Feb 13, 3:30PM CST
Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced today that its Board of Trustees has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on March 17, 2014 to common shareholders of record on March 3, 2014. The March 17th dividend payment will be the Company's 148th consecutive distribution since its initial dividend paid in August of 1962.
J.C. Penney: A Band-Aid Won't Stop the Bleeding
at The Street - Tue Jan 28, 10:25AM CST
Penney's Jan. 15 'strategic initiative' will close 33 under-performing stores as part of its continued turnaround efforts.
PREIT Reports Tax Status of 2013 Distributions
PR Newswire - Fri Jan 17, 3:30PM CST
PREIT (NYSE: PEI) today announced that the tax status of the distributions paid per share during 2013 is as follows:
Upgrade Alert for Pennsylvania Real Estate Investment Trust (PEI)
Comtex SmarTrend(R) - Fri Jan 17, 7:15AM CST
Pennsylvania Real Estate Investment Trust (NYSE
EI) was upgraded from Underweight to Neutral at JP Morgan today. The stock closed yesterday at $19.27 on volume of 681,000 shares, above average daily volume of 479,000. Pennsylvania Real Estate Investment Trust has overhead space with shares priced $19.27, or 3.3% below the average consensus analyst price target of $19.93. The stock should find initial support at its 200-day moving average (MA) of $19.16 and further support at its 50-day MA of $18.31. PREIT Comments on the Announced Closure of JCPenney at Exton Square Mall
PR Newswire - Fri Jan 17, 7:00AM CST
PREIT (PREIT/NYSE: PEI) today provided commentary on the announced closure of the 118,000 square foot JCPenney store at its Exton Square Mall. PREIT looks forward to incorporating the JCPenney building into its planned redevelopment of the mall which is expected to follow the recapture of an existing Kmart location, ideally located with extensive frontage along heavily traveled Route 100 in Exton, Pennsylvania. The Company has an absolute right to acquire the Ground Lease underlying the Kmart building in 2016.
PREIT Finalizes New Unsecured Term Loans Totaling $250 Million
PR Newswire - Thu Jan 09, 7:00AM CST
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) has entered into two unsecured term loans for an aggregate amount of $250.0 million, comprised of a $150.0 million, 5 Year Term Loan and a $100.0 million, 7 Year Term Loan (collectively "2014 Term Loans").
PREIT Schedules Fourth Quarter 2013 Earnings Release and Conference Call
PR Newswire - Mon Dec 30, 3:30PM CST
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter and year ended December 31, 2013 after market trading closes on Tuesday, February 18, 2014.
Simon Properties Gives Shareholders a Nice Christmas Present
Bill Stoller, The Motley Fool - Motley Fool - Fri Dec 27, 8:34AM CST
It appears that Friday the 13th was a lucky day for shareholders of mall landlord Simon Property Group . Simon is the largest publically traded REIT in the U.S., with ownership interests in 325 properties comprising about 242 million square feet....
PREIT Finances Wyoming Valley Mall and Repays Beaver Valley Mall Loan
PR Newswire - Mon Dec 16, 3:49PM CST
Pennsylvania Real Estate Investment Trust (NYSE: PEI) has completed the financing of Wyoming Valley Mall in Wilkes-Barre, PA and used a portion of the proceeds to repay the mortgage loan balance on Beaver Valley Mall in Monaca, PA without penalty.
It's Time to Buy These 3 Dividend Stocks
Bob Chandler, The Motley Fool - Motley Fool - Tue Dec 10, 2:31PM CST
Real estate investment trust (REIT) shares have suffered as the stock market has anticipated higher interest rates. The fear of a gradual reduction in the Federal Reserve's quantitative easing program, or QE, has helped push the iShares US Real...
Eighty-five Percent of Americans Plan to Increase or Maintain Holiday Spending[1] in 2013, New Survey Says
PR Newswire - Mon Nov 25, 7:00AM CST
Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI), a leading real estate investment trust specializing in the ownership and management of differentiated retail shopping malls, today announced the results of a Harris Interactive study conducted on its behalf in November 2013 among more than 2,000 U.S. adults examining holiday spending plans. This survey is the first in a series of periodic research reports examining the behavior and propensity of American consumers to shop at malls.
