Articles in Business

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Simon Invests $250M to Renovate The Galleria, Add Tenants - Analyst Blog

Indianapolis, IN based retail real estate investment trust ("REIT") Simon Property Group Inc.SPG announced the total investment of $250 million toward the enhancement of the shopping... Read >>

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Essex Property Buys Los Angeles Asset to Boost Portfolio - Analyst Blog

Essex Property Trust Inc.ESS has enhanced its portfolio with the purchase of an apartment community 8th & Hope in downtown Los Angeles for $200 million as a contract price. Completed in 2014,... Read >>

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Blackstone (BX) Leads Among Peers in Executive Salary - Analyst Blog

Stephen A. Schwarzman, the founder and Chief Executive Officer (CEO) of The Blackstone Group L.P.BX , received $690 million as annual pay for 2014. The payout amount, disclosed by the private... Read >>

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Ericsson, Telstra JV to Drive Telecommunication Innovation - Analyst Blog

Communications technology and services giant EricssonERIC recently announced a joint venture with Telstra Corporation Ltd. TLSYY , a leading Australian mobile broadband operator, for developing 5G... Read >>

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Cousins Properties Signs 2 Lease Extensions in Houston - Analyst Blog

Ushering in good news for its operating platform, Cousins Properties Inc.CUZ announced 2 two large lease extensions in Houston, TX with Direct Energy and Cox Radio, encompassing a total space of... Read >>

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U.S. Rig Count Crashes Further, Oil Drilling Down by 33 - Analyst Blog

In its weekly release, Houston based oilfield services company Baker Hughes Inc. BHI reported another massive fall in the U.S. rig count (number of rigs searching for oil and gas in the country).... Read >>

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AK Steel (AKS) Strongly Placed on Automotive Momentum - Analyst Blog

On Feb 27, we issued an updated research report on steel maker AK SteelAKS . While the company is well placed to gain from strength in the automotive market, its acquisition of Severstal Dearborn... Read >>

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Endurance Specialty Shares Gain on 2.9% Dividend Hike - Analyst Blog

Shares of Endurance Specialty Holdings Ltd.ENH gained 0.9% in the last trading session after its board of directors approved a 2.9% increase in its quarterly dividend to 35 cents per share. The... Read >>

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Magellan Midstream: 550-Mile Saddlehorn Pipeline On Track - Analyst Blog

Magellan Midstream Partners LPMMP along with Plains All American Pipeline LP PAA has established Saddlehorn Pipeline Company. Each pipeline operator holds a 50% ownership with limited liability in... Read >>

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Statoil Picks Asco for Mariners' Supply Base, Warehousing - Analyst Blog

Norwegian oil giant Statoil ASASTO has given out contracts for the Mariner field to Asco UK Limited on behalf of its Mariner co venturers. The contracts comprise supply base and warehousing... Read >>