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Eldon Mast has been investing since the time he earned his first dollar back in the 1970s. He is particularly interested in how moods effect the market. In good times and bad, he has observed a peculiar fascination by the mainstream media on "bad news." He has also observed in business... More
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  • First Potomac Realty Trust Posts Strong Q1 Results

     “In the first quarter of 2009, we continued to improve our operations and our financial flexibility,” stated Douglas J. Donatelli, chief executive officer of First Potomac Realty Trust. “Our strong lease execution in 2008 is reflected in our first quarter results, and occupancy levels remain a top priority for us. In terms of our balance sheet, we are in a solid and improving position as we continue to reduce our debt levels and conserve capital to enhance our financial liquidity. We are well-positioned in the DC region, and are confident in our strategic direction in this challenging economic environment. We remain focused on generating improved cash flows and have taken the right steps to position the Company to pursue opportunistic growth and enhance shareholder value.”


    Tags: FPO
    Apr 29 11:57 PM | Link | Comment!
  • Commercial REIT Guides Higher for 2009...

     CBL & Assoc beats by $0.07, also beats on revs; guides FY09 FFO above consensus...

    Tags: CBL
    Apr 29 11:46 PM | Link | Comment!
  • General Dynamics 1Q Profit up 3 percent

    GD easily beat the Streets earnings and revenue estimates.

    First-quarter net income of $590 million up from profit of $572 million in the same quarter last year.

    Revenue climbed 18 percent to $8.26 billion in the quarter.


    Tags: GD
    Apr 29 11:38 PM | Link | Comment!
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