31.07.2013 14:00:00
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Financial Results and Corporate Announcements of Diversified Companies - Research Report on American Tower, Starwood, Brandywine, Lexington, and Capstead
NEW YORK, July 31, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting American Tower Corporation (NYSE: AMT), Starwood Property Trust, Inc. (NYSE: STWD), Brandywine Realty Trust (NYSE: BDN), Lexington Realty Trust (NYSE: LXP), and Capstead Mortgage Corp. (NYSE: CMO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
American Tower Corporation Research Report
On July 15, 2013, American Tower Corporation (American Tower) has released information about its business in relation to AT&T's planned acquisition of Leap Wireless. According to the Company, AT&T and Leap Wireless accounted for approximately 17% and 2%, respectively, of the Company's consolidated operating revenues for Q1 2013. American Tower also informed that presently the Company has separated leases for antenna space with AT&T and Leap Wireless on the same site at approximately 1,066 communications sites owned or operated by American Tower. The Company further stated that the average remaining non-cancellable current lease term on these sites with AT&T and Leap Wireless is nearly 7 years. The Full Research Report on American Tower Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/AMT]
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Starwood Property Trust, Inc. Research Report
On July 18, 2013, Starwood Property Trust, Inc. (Starwood) announced that it has initiated a $140 million first mortgage loan on the Phelan Building with Thor Equities as the sponsor. The 11-story, 300,000 sq. ft. mixed use building located in San Francisco's Union Square area includes nearly 250,000 sq. ft. of office space and 50,000 sq. ft. of retail space. Boyd Fellows, President of the Company, said, "We are pleased to provide this transitional capital to help further the sponsor's plan to reposition one of San Francisco's most historic buildings to meet the needs of the City's high profile technology firms and other businesses seeking truly creative office space. It is our capacity to quickly deliver customized loan solutions that sets us apart from our competitors." The Full Research Report on Starwood Property Trust, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/STWD]
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Brandywine Realty Trust Research Report
On July 24, 2013, Brandywine Realty Trust (Brandywine) reported its financial results for Q2 2013. Revenue increased 6.9% YoY to $140.9 million. Net income attributable to common shareholders was $5.3 million or $0.03 per diluted share, compared to $1.5 million or $0.01 per diluted share in Q2 2012. Commenting on the news, Gerard H. Sweeney, President and CEO of Brandywine, said, "Our performance in the second quarter was quite strong. Same store growth rates, lease rates, mark-to-market on rents, tenant retention, pipeline activity and overall positive absorption all exceeded or met key 2013 business plan metrics, and reinforce improving conditions in the general office segment and our portfolio in particular. We had good sales activity on several smaller, non-core assets confirming the continued firming of the transaction market and bringing our year-to-date sales to $176.6 million or 80% of our 2013 target." The Full Research Report on Brandywine Realty Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/BDN]
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Lexington Realty Trust Research Report
On July 16, 2013, Lexington Realty Trust (Lexington) announced that it would release its Q2 2013 financial results on the morning of August 7, 2013. A teleconference will be conducted on the same day at 11:00 a.m. ET. After the completion of the call, a replay will be available through August 21, 2013, until 12:00 a.m. ET on the Company's website under the Investor Relations link. The Full Research Report on Lexington Realty Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/LXP]
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Capstead Mortgage Corp. Research Report
On July 24, 2013, Capstead Mortgage Corp. (Capstead) reported its Q2 2013 financial results. The Company's net income was $29.9 million or $0.04 per diluted share, down compared to net income of $43.3 million or $0.40 per diluted share in Q2 2012. Andrew F. Jacobs, President and CEO of Capstead, said, "The second quarter was also notable for an abrupt shift in the market to significantly higher long-term interest rates in large part due to concerns regarding the timing of the Federal Reserve reducing and ultimately ending its bond buying program. While we are not immune to this volatility, pricing for our portfolio of short-duration and well-seasoned ARM securities has held up reasonably well compared to pricing for longer duration ARM or fixed-rate mortgage securities. Consequently, we experienced a relatively modest book value decline through quarter-end of 3.8%, or $0.52 per common share, related to our portfolio net of interest rate hedges and other operational factors." The Full Research Report on Capstead Mortgage Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-07-29/CMO]
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Aktien in diesem Artikel
American Tower Corp. | 188,28 | 0,44% | |
Brandywine Realty TrustShs Of Beneficial Int. | 5,39 | 0,52% | |
Lexington Realty Trust | 8,99 | -0,61% | |
Starwood Property Trust Inc Shs of Benef Interest | 19,26 | 0,63% |