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Blackstone Just Bet On This Red Hot REIT Sector (Hint: It Centers On Apartments)
Wednesday, January 21, 2015 - 5:24pm | 855The traditional multifamily apartment business is booming in the U.S., however the nascent single-family rental business, (spawned by the slide in home prices due to the Great Recession), did not reward investors in 2014. The Blackstone Group L.P. (NYSE: BX) is a major player in both U.S....
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Earnings Expectations for the Week of October 31
Sunday, October 30, 2011 - 11:31am | 1163Halloween and the Day of the Dead arrive this week. If analysts' forecasts are correct, there are only a few earnings reports that may scare investors. For instance, Alpha Natural Resources (NYSE: ANR) earnings are predicted to have fallen 93.1% year over year to $0.58 per share. Allstate (NYSE:...
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Avalon Bay and Vitamin Shoppe Hit 52-Week Highs
Tuesday, June 7, 2011 - 3:33pm | 216Today, Avalon Bay Communities (NYSE: AVB) and Vitamin Shoppe (NYSE: VSI) reached new 52-week highs of $133.84 and $42.94 per share, respectively. Avalon Bay announced yesterday the retirement of its chief executive. The company has a market cap of $11.6 billion and is a real estate investment...