CBL & Associates Properties, Inc. (CBL) - NYSE
  • Wed, May 25, 1:00 PM
    | Wed, May 25, 1:00 PM | 2 Comments
  • Wed, May 25, 12:50 PM
    | Wed, May 25, 12:50 PM
  • Wed, May 25, 9:20 AM
    | Wed, May 25, 9:20 AM
  • Wed, May 25, 8:23 AM
    • The FBI and SEC are focused on whether officials at the company falsified information on financial statements when applying for funding, reports the WSJ. Former employees have talked to the agencies, alleging CBL inflated rental income and occupancy rates.
    • The company calls the Journal story baseless, and says neither it nor its executives have been contacted by the FBI or SEC over accounting or financial practices.
    • Also at issue, according to the WSJ, is the relationship between the company and Tennessee Senator Bob Corker, who is close with the company founders and top executives, and made millions trading the stock in recent years. Corker is not believed to be involved in potential accounting issues, but investigators would like to know more about his trading in the stock.
    • Shares -11.6% premarket
    | Wed, May 25, 8:23 AM | 8 Comments
  • Wed, May 18, 10:42 AM
    • Target is the latest major retailer to report a disappointing Q1 and issue weak forward guidance. It's lower by 9% today.
    • Those REITs which may rent to the likes of Target or Wal-Mart or Macy's or Nordstrom ... may be starting to sense a trend.
    • Simon Property (SPG -1.1%), General Growth (GGP -1.5%), Kimco (KIM -1.6%), PREIT (PEI -1.8%), DDR (DDR -1.7%), CBL (CBL -3.1%), Federal Realty (FRT -1.2%).
    • IYR -0.95%
    | Wed, May 18, 10:42 AM | 1 Comment
  • Wed, Jan. 6, 9:39 AM
    • After a rough year for CBL & Associates (CBL -1.2%), Goldman Sachs downgrades to Neutral from Buy.
    • The shopping mall owner is lower by 40% over the past twelve months.
    | Wed, Jan. 6, 9:39 AM | 2 Comments
  • Jan. 12, 2015, 2:40 PM
    • The 10-year Treasury  yield is down all the way to 1.91% and the 30-year earlier dropped to 2.47% amid a slumping stock market and WTI crude oil plummeting another 4.3% to $46.23 per barrel. Equity REITs, meanwhile, continue a big start to the year.
    • ETFs: IYR, VNQ, DRN, URE, SRS, ICF, SCHH, RWR, KBWY, DRV, REK, FRI, FTY, PSR, WREI
    • A sampling of individual names: Realty Income (O +0.9%), Omega Healthcare (OHI +1%), National Health Investors (NHI +1.7%), LTC Properties (LTC +1.8%), Camden Property Trust (CPT +1.3%), CBL & Associates (CBL +2.2%), Regency Centers (REG +1.2%), CubeSmart (CUBE +1.5%), Washington Real Estate Trust (WRE +0.9%), American Campus Communities (ACC +0.7%).
    | Jan. 12, 2015, 2:40 PM | 11 Comments
  • Sep. 16, 2014, 9:47 AM
    • Amid Washington Prime's $4.3B purchase of Glimcher Realty Trust, Pennsylvania REIT (PEI +5.9%) and CBL & Associates (CBL +5.2%) both open sharply higher. Whether the two are buyout targets or not remains to be seen, but the only other news available at the moment has Wells Fargo pulling its Underperform rating on CBL.
    | Sep. 16, 2014, 9:47 AM
Company Description
CBL & Associates Properties, Inc. owns and operates retail properties. The company is a self-managed, self-administered, fully integrated real estate investment trust. It engages in owning, developing, acquiring, leasing, managing and operating regional shopping malls, open-air centers,... More
Sector: Financial
Industry: REIT - Retail
Country: United States