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Rouse Properties, Inc. (RSE)

  • Oct. 21, 2014, 9:43 AM
    • Rouse Properties (RSE +4.1%) was off about 24% YTD, but is on the move upwards today after an upgrade to Buy at MLV & Co.
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  • Jan. 7, 2014, 12:47 PM
    • The offering of 7M shares with 1.05M share greenshoe would add more than 16% to the float if the option is taken up in full.
    • In addition to the usual general corporate purposes, Rouse (RSE -4.3%) intends to use the proceeds to pay off debt taken out to fund the purchase of two enclosed malls last month.
    • Press release
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Company Description
Rouse Properties Inc is a real estate investment trust. The Company owns and manages dominant regional malls in protected markets in the United States.
Sector: Financial
Country: United States