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How Bill Ackman's Stock Tip Turned A New York Taxi Driver's $50 Thousand Into A $3 Million Retirement Fund
Friday, May 30, 2025 - 7:54am | 616Read More...Bill Ackman, a prominent hedge fund manager, once shared a remarkable story of a New York City taxi driver who turned a $50,000 investment into nearly a $3 million retirement fund. What Happened: Ackman, the CEO of Pershing Square Capital Management, recounted the story in episode 413 of...
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Tilson: Fannie Mae 'Reminds Me Of My Best Investment Ever'
Wednesday, September 25, 2019 - 10:22am | 554Read More...Since former hedge fund manager Whitney Tilson made a bullish call on Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) on Sept. 5, the two stocks are each up more than 40%. In his newsletter this week, Tilson reiterated his bullish stance that GSE...
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Attention Mall REIT Investors: $47.5 Billion Of Loans Are Set To Mature Over The Next 18 Months
Thursday, June 16, 2016 - 8:13am | 336Read More...The rise of e-commerce could very well result in the death of the malls. According to Bloomberg, the looming death of the shopping malls could come sooner, rather than later. The publication, citing data from Bank of America Merrill Lynch, stated that around $47.5 billion worth of loans backed by...
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Digging Into General Growth Properties' $1.8 Billion Manhattan Purchase
Thursday, April 23, 2015 - 9:31am | 545Read More...After the bell on April 21, General Growth Properties Inc (NYSE: GGP) announced a ~$1.8 billion purchase of the 26-story Crown Building located at the corner of 57th Street and 5th Avenue in mid-town Manhattan's Plaza District. While many investors are familiar with General Growth being the...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158Read More...U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Four REITs That May Join The S&P 500
Wednesday, July 31, 2013 - 10:18am | 990Read More...In a recent research report, analysts from Credit Suisse updated their list of possible candidates to join the S&P 500. The firm used qualities such as market cap, liquidity, domicile, public float and financial viability to determine those companies Standard & Poor's selection committee...
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Cracker Barrel and Other Stocks Insiders Are Buying
Friday, April 6, 2012 - 6:19am | 1076Read More...Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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Goldman Sachs Adjusts GGP Estimates
Friday, May 6, 2011 - 9:20am | 51Read More...Goldman Sachs is adjusting its General Growth Properties Inc. (NYSE: GGP) FFO estimates. “Based on the lower share count and full pay down of corporate debt in 2Q, our 2011/12/13 FFO estimates go to $1.01/$1.08/$1.16 from $0.99/$1.05/$1.13,” Goldman Sachs writes. General Growth Properties closed...
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J.P. Morgan Maintains Neutral on General Growth Properties (GGP)
Wednesday, April 27, 2011 - 7:45am | 165Read More...J.P. Morgan is out with its report today on General Growth Properties (NYSE: GGP), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We are Neutral on the stock due to offsetting factors. On the positive side, the stock trades at discounted valuations relative to its higher...
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Goldman Sachs Reiterates Buy Rating On General Growth Properties
Tuesday, March 15, 2011 - 8:51am | 180Read More...In a report published by Goldman Sachs, General Growth Properties (NYSE: GGP) saw a good start and its Buy rating is reiterated. Goldman Sachs said that national mall REIT GGP recently posted 4Q 2010 FFO results that served to confirm its positive near-term growth expectations. “4Q recurring FFO/...
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JP Morgan Resumes Coverage on GGP At Neutral
Wednesday, December 15, 2010 - 8:58am | 23Read More...JP Morgan has resumed coverage on General Growth Properties (NYSE: GGP) with a Neutral rating.
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Goldman Sachs Reinstates Buy Rating On General Growth Properties
Monday, November 29, 2010 - 9:35am | 171Read More...Goldman Sachs has published a research report on General Growth Properties (NYSE: GGP) under the belief that time is on GGP's side, and reinstates its Buy rating on the company. In the report, Goldman Sachs writes "We have removed the NR designation from mall REIT General Growth Properties (GGP)...
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Deutsche Bank Initiates General Growth Properties At Buy (GGP)
Monday, November 29, 2010 - 7:21am | 22Read More...Deutsche Bank initiates coverage on General Growth Properties (NYSE: GGP) with a Buy rating.
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Simon Property Group bids for General Growth Properties for $10 billion
Tuesday, February 16, 2010 - 3:14pm | 152Read More...Simon Property Group announced Tuesday that it has offered a bid to acquire General Growth Properties for $10 billion, potentially creating the largest owner of high-end malls. The offer would accelerate General Growth Properties’ emergence from Chapter 11 bankruptcy protection, according to Simon...
