Website
News25/Ratings1
Latest news
25 items- PRRegency Centers Announces Tax Information for Regency Centers and Urstadt Biddle Properties 2023 DistributionsJACKSONVILLE, Fla., Jan. 19, 2024 (GLOBE NEWSWIRE) -- Regency Centers Corporation (The "Company") (NASDAQ:REG) today announced the federal income tax treatment of its 2023 distributions to holders of its Common and Preferred stock. The Company also announced the federal income tax treatment of Urstadt Biddle Properties Inc. (NYSE:UBA) pre-merger 2023 distributions to Common, Class A Common and Preferred shareholders. Regency Centers Corporation: Common Stock: Symbol REG CUSIP #: 758849103Record DatePayable DateTotal Distribution Per ShareDistribution Allocated to 2023Total Ordinary DividendsQualified Dividends (Included in Total Ordinary Div)Section 199A Dividends(1)Total Capital Ga
- NEWSDolby Laboratories To Replace Staar Surgical In S&P MidCap 400; Staar Surgical To Replace Urstardt Biddle Properties In S&P SmallCap 600
- PRRegency Centers Closes Acquisition of Urstadt Biddle PropertiesJACKSONVILLE, Fla., Aug. 18, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency") (NASDAQ:REG) today announced the completion of its previously announced acquisition of Urstadt Biddle Properties Inc. ("Urstadt Biddle") (NYSE:UBA) in an all-stock transaction. The combined company has a total equity market capitalization of more than $11 billion and an enterprise value of more than $16 billion. The transaction grows Regency's footprint of high-quality, grocery-anchored shopping centers in premier suburban trade areas, and is expected to be immediately accretive to Core Operating Earnings (defined below) while maintaining Regency's liquidity and balance sheet flexibility and st
- PRDolby Laboratories Set to Join S&P MidCap 400; Staar Surgical to Join S&P SmallCap 600NEW YORK, Aug. 17, 2023 /PRNewswire/ -- Dolby Laboratories Inc. (NYSE:DLB) will replace Staar Surgical Co. (NASD:STAA) in the S&P MidCap 400 and Staar Surgical will replace Urstadt Biddle Properties Inc. (NYSE:UBA) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, August 22. S&P 500 constituent Regency Centers Corp. (NASD: REG) will acquire Urstadt Biddle Properties in a transaction expected to close soon pending final closing conditions. Staar Surgical is more representative of the small-cap market space. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Comp
- PRRegency Centers Reports Second Quarter 2023 ResultsJACKSONVILLE, Fla., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency" or the "Company") (NASDAQ:REG) today reported financial and operating results for the period ended June 30, 2023 and provided updated 2023 earnings guidance. For the three months ended June 30, 2023 and 2022, Net Income was $0.51 per diluted share and $0.61 per diluted share, respectively. Second Quarter 2023 Highlights Reported Nareit FFO of $1.03 per diluted share and Core Operating Earnings of $0.96 per diluted share for the second quarterRaised 2023 Nareit FFO guidance to a range of $4.11 to $4.15 per diluted share and 2023 Core Operating Earnings guidance to a range of $3.89 to $3.93 per
- NEWSTop 5 Real Estate Stocks That May Fall Off A CliffThe most overbought stocks in the real estate sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. eXp World Holdings, Inc. (NASDAQ:EXPI) S&P Dow Jones Indices the company will replace Heska Cop in the S&P Smallcap 600. The company’s stock has a 52-week high of $21.39 . RS
- NEWSPiper Sandler Maintains Neutral on Urstadt Biddle Properties, Raises Price Target to $21Piper Sandler analyst Alexander Goldfarb maintains Urstadt Biddle Properties (NYSE:UBA) with a Neutral and raises the price target from $20 to $21.
- NEWSUrstadt Biddle Properties Q2 FFO $0.35 Up From $0.33 YoY, Sales $35.07M Down From $36.00M YoYUrstadt Biddle Properties (NYSE:UBA) reported quarterly earnings of $0.35 per share. This is a 6.06 percent increase over earnings of $0.33 per share from the same period last year. The company reported $35.07 million in sales this quarter. This is a 2.58 percent decrease over sales of $36.00 million the same period last year.
- PRUrstadt Biddle Properties Inc. Reports Second Quarter Operating Results For Fiscal 2023Urstadt Biddle Properties Inc. (NYSE:UBA), a real estate investment trust, today reported its operating results for the quarter ended April 30, 2023 and provided information regarding financial and operational activities. FINANCIAL HIGHLIGHTS FOR SECOND QUARTER FISCAL 2023 $5.2 million net income attributable to common stockholders ($0.14 per diluted Class A Common share). $13.1 million of FFO ($0.35 per diluted Class A Common share).(1) 93.1% of our consolidated portfolio gross leasable area ("GLA") was leased at April 30, 2023, an increase of 0.1% from the end of fiscal 2022. 1.5% increase in base rents in the second quarter of fiscal 2023 when compared with the second quart
- PRUrstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares and Preferred StockAt their meeting today, the Board of Directors of Urstadt Biddle Properties Inc. (NYSE:UBA) declared quarterly dividends on the Company's Class A Common Stock and Common Stock. The dividends were declared in the amounts of $0.2083 for each share of Class A Common Stock and $0.1875 for each share of Common Stock. The dividends are payable July 6, 2023 to stockholders of record on June 14, 2023. The dividends represent the 214th consecutive quarterly dividend on common shares declared since the Company began operating in 1969. The Board of Directors also declared the regular quarterly dividends on the Company's Series H Preferred Stock and Series K Preferred Stock. The dividends were declar
- PRLifshitz Law PLLC Announces Investigations of UBA, UBP, EMAN, and WISANEW YORK, May 20, 2023 (GLOBE NEWSWIRE) -- Urstadt Biddle Properties, Inc. (NYSE:UBA) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of UBA and Regency Centers Corporation. Following the merger, pre-merger Urstadt shareholders are expected to own approximately 7.0% of the outstanding equity of the combined company. If you are a UBA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com. Urstadt Biddle Properties, Inc. (NYSE:UBP) Lifshitz Law PLLC announces an
- NEWSBenzinga's Top Ratings Upgrades, Downgrades For May 19, 2023Upgrades For MaxLinear Inc (NASDAQ:MXL), Exane BNP Paribas upgraded the previous rating of Underperform to Neutral. MaxLinear earned $0.74 in the first quarter, compared to $1.00 in the year-ago quarter. The stock has a 52-week-high of $43.66 and a 52-week-low of $23.05. At the end of the last trading period, MaxLinear closed at $27.43. Argus Research upgraded the previous rating for The Wendy's Co (NASDAQ:WEN) from Hold to Buy. For the first quarter, Wendy's had an EPS of $0.21, compared to year-ago quarter EPS of $0.17. The stock has a 52-week-high of $23.90 and a 52-week-low of $16.07. At the end of the last trading period, Wendy's closed at $23.50. For First Commonwealth Financial
- NEWSPiper Sandler Downgrades Urstadt Biddle Properties to Neutral, Announces $20 Price TargetPiper Sandler analyst Alexander Goldfarb downgrades Urstadt Biddle Properties (NYSE:UBA) from Overweight to Neutral and announces $20 price target.
- NEWSWhy Monro Shares Are Trading Lower By 13%? Here Are Other Stocks Moving In Thursday's Mid-Day SessionGainers CaliberCos Inc. (NASDAQ:CWD) shares jumped 65.6% to $9.94 amid post-IPO volatility. Enveric Biosciences, Inc. (NASDAQ:ENVB) rose 58% to $2.42 after the company announced it has received a Notice of Allowance from the USPTO for a patent application involving EB-373, the company's new chemical entity psilocin prodrug. WANG & LEE GROUP, Inc. (NASDAQ:WLGS) gained 41.6% to $1.87 on above-average volume. Alimera Sciences, Inc. (NASDAQ:ALIM) gained 38.3% to $2.87 after the company announced it acquired U.S. commercial rights to YUTIQ. Urstadt Biddle Properties Inc. (NYSE:UBP) jumped 28.5% to $19.72. SeaStar Medical Holding Corporation (NASDAQ:ICU) shares climbed 28.1% to $0.7555 a
- NEWSWhy Urstadt Biddle Properties Shares Are Jumping TodayRegency Centers Corp (NASDAQ:REG) announced the acquisition of Urstadt Biddle Properties Inc (NYSE:UBA) in an all-stock transaction for around $1.4 billion, including the assumption of debt and preferred stock. As per the deal, UBA's common stockholders will receive 0.347 of a newly-issued REG share for each UBA or UBP share they own, representing around $20.40 per share, based on REG's closing share price on May 17, 2023. The price represents a premium of over 20% to UBA's May 17, 2023, closing price. The combined company is expected to have a pro forma equity market capitalization of about $11 billion and a total enterprise value of around $16 billion. The combined portfolio will comp
- NEWSUrstadt Biddle Properties shares are trading higher after Regency Centers announced it will acquire the company in an all-stock transaction valued at roughly $1.4 billion.
- NEWSNetflix, Synopsys, Madison Square Garden Entertainment And Other Big Stocks Moving Higher On ThursdayU.S. stocks traded mixed, with the Dow Jones dropping around 50 points on Thursday. Here are some big stocks recording gains in today’s session. Urstadt Biddle Properties Inc. (NYSE:UBP) shares surged 28.5% to $19.72. Eltek Ltd. (NASDAQ:ELTK) rose 27.6% to $5.04 after the company reported better-than-expected Q1 financial results. SciPlay Corporation (NASDAQ:SCPL) shares gained 26.4% to $19.66 after Light & Wonder announced a proposal to acquire the remaining public shares of the company. Urstadt Biddle Properties Inc. (NYSE:UBA) climbed 19.4% to $20.23. Regency Centers announced plans to acquire Urstadt Biddle Properties in all-stock transaction valued at $1.4 billion. Hawkins, Inc. (
- NEWSRegency Centers To Acquire Urstadt Biddle Properties In All-Stock Transaction Valued At ~$1.4B
- PRRegency Centers to Acquire Urstadt Biddle Properties in All-Stock TransactionJACKSONVILLE, Fla. and GREENWICH, Conn., May 18, 2023 (GLOBE NEWSWIRE) -- Regency Centers Corporation ("Regency") (NASDAQ:REG) and Urstadt Biddle Properties Inc. ("Urstadt Biddle" or "UBP") (NYSE:UBA) today announced that the two companies have entered into a definitive merger agreement (the "Agreement") by which Regency will acquire Urstadt Biddle in an all-stock transaction, valued at approximately $1.4 billion, including the assumption of debt and preferred stock. The combined company is expected to have a pro forma equity market capitalization of approximately $11 billion and total enterprise value of approximately $16 billion. Under the terms of the Agreement, Urstadt Biddle's Cl
- NEWS'UBS Brings Back Ermotti As CEO To Oversee Credit Suisse Takeover' - Bloomberghttps://www.bloomberg.com/news/articles/2023-03-29/ubs-names-ermotti-to-return-as-ceo-in-wake-of-credit-suisse-deal#xj4y7vzkg
- NEWSUrstadt Biddle Properties's Ex-Dividend Date Is Friday, Here's What You Need To KnowThursday marks the last chance for investors to receive the next dividend payout from Urstadt Biddle Properties (NYSE:UBA). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 25 cents per share. On Friday, Urstadt Biddle Properties will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 25 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own UBA as of the end of Thursday's session are eligible to receive th
- PRUrstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common SharesAt their regular meeting today, the Board of Directors of Urstadt Biddle Properties Inc. (NYSE:UBA) declared quarterly dividends on the Company's Class A Common Stock and Common Stock. The dividends were declared in the amounts of $0.25 for each share of Class A Common Stock and $0.225 for each share of Common Stock. The dividends are payable April 14, 2023 to stockholders of record on April 3, 2023. See the Company's earnings press release, issued March 10, 2023, for a more detailed discussion of these dividends. The dividends represent the 213th consecutive quarterly dividend on common shares declared since the Company began operating in 1969. The Board of Directors also declared the reg
- NEWSUrstadt Biddle Properties's Return On Capital Employed OverviewAccording to Benzinga Pro data Urstadt Biddle Properties (NYSE:UBA) posted a 1.22% decrease in earnings from Q4. Sales, however, increased by 6.19% over the previous quarter to $38.30 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Urstadt Biddle Properties is not utilizing their capital as effectively as possible. In Q4, Urstadt Biddle Properties earned $11.21 million and total sales reached $36.06 million. What Is ROCE? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful
- NEWSUS Stocks Mostly Higher; Dow Rises 75 PointsU.S. stocks traded mostly higher this morning, with the Dow Jones gaining around 75 points on Monday. Following the market opening Monday, the Dow traded up 0.24% to 31,986.55 while the NASDAQ rose 0.24% to 11,165.62. The S&P 500, meanwhile, fell, dropping, 0.03% to 3,860.50. Check This Out: United Airlines To Rally Around 54%? Here Are 10 Other Analyst Forecasts For Friday Leading and Lagging Sectors Real estate shares rose by 1.9% on Monday. Meanwhile, top gainers in the sector included Urstadt Biddle Properties Inc. (NYSE:UBA), up 4%, and Green Giant Inc. (NASDAQ:GGE), up 2%. In trading on Monday, financials shares dipped by 2.7%. Top Headline Bluegreen Vacations Holding Corp
- NEWSUrstadt Biddle Properties Q1 FFO $0.42 Up From $0.33 YoY, Sales $38.30M Up From $35.55M YoYUrstadt Biddle Properties (NYSE:UBA) reported quarterly earnings of $0.42 per share. This is a 27.27 percent increase over earnings of $0.33 per share from the same period last year. The company reported $38.30 million in sales this quarter. This is a 7.71 percent increase over sales of $35.55 million the same period last year.