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Morgan Stanley Upgrades Simon Property Group On Potential Earnings Recovery
Thursday, February 11, 2021 - 2:15pm | 271While the retail REITs segment faces increasing secular challenges, Simon Property Group Inc (NYSE: SPG) has multiple drivers of earnings growth, according to Morgan Stanley. The Simon Property Group Analyst: Richard Hill upgraded Simon Property Group from Equal-Weight to Overweight, while...
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Morgan Stanley: Taubman Could Be More Attractive M&A Candidate Than Macerich
Tuesday, November 27, 2018 - 5:29pm | 518Among mall REITs, Taubman Centers, Inc. (NYSE: TCO) and Macerich Co (NYSE: MAC) have underperformed relative to Simon Property Group Inc (NYSE: SPG), primarily due to the greater cash flow headwinds the former two face, according to Morgan Stanley. The Analyst Analyst Richard Hill upgraded...
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Lack Of High-Paying Job Growth Creates Headwind For Equity Residential
Wednesday, August 3, 2016 - 10:14am | 358Morgan Stanley has downgraded Equity Residential (NYSE: EQR) to Underweight and cut its price target to $60 from $76, following a 100 bps cut in SS-revenue guidance. Equity Residential reported $0.02 miss relative to consensus and in line with Morgan Stanley's estimate, but the headline is that the...
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Bloomberg's Tom Giles Says Yahoo's Agreement With Activist Investor 'Buys Time' For Marissa Mayer
Wednesday, April 27, 2016 - 1:40pm | 260Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by more than 1 percent on Wednesday after the company reached an agreement with activist investor and major shareholder Starboard Value. CNBC's Jim Cramer said that the agreement is a positive, and Yahoo's business will no longer be in "...
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Jim Cramer Suggests Yahoo No Longer In 'Disarray' After Reaching Agreement With Starboard
Wednesday, April 27, 2016 - 11:10am | 264Yahoo! Inc. (NASDAQ: YHOO) announced on Wednesday it has reached an agreement with activist investor and major shareholder Starboard Value. As part of the agreement, Yahoo will add four new independent members to its Board of Directors, including Jeff Smith, Starboard's CEO and Chief...
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Marvell Technology's Stock Gains As Activist Investor Acquires A 6.7% Stake
Wednesday, February 3, 2016 - 12:28pm | 190Shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) rose on Wednesday after Starboard Value, an activist investment firm, disclosed a 6.7 percent stake in the company. According to the regulatory filing, Starboard Value hired Richard Hill, a former Chairman and Chief Executive Officer of...