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Taubman Centers Announces Second Quarter Results

- Solid Core: Sales, Rents and Occupancy Up - Strong Favorable Ruling on Oyster Bay - Quarter Impacted by Lower Lease Cancellation Income and Higher Predevelopment Costs BLOOMFIELD HILLS, Mich., July 24 /PRNewswire-FirstCall/ Taubman Centers, Inc. (NYSE: ) today announced its financial results for the second quarter of 2008. (Logo: ) Net income allocable to common shareholders per diluted...

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Project costs pinch Taubman profits

Taubman Centers Inc. profits fell in the second quarter as predevelopment mall expenses in the United States and Asia offset gains from its existing 23 upscale shopping centers. Net income fell to $4 million, or 1 cent a share, from $12.5 million, or 16 cents a share in the same period of 2007.

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Zacks Bull and Bear of the Day Highlights: Comstock Resources, Molson Coors, AAR Corp., Acusphere and Taubman Centers

CHICAGO--(BUSINESS WIRE)--Zacks Equity Research highlights Comstock Resources (NYSE: CRK) as the Bull of the Day and Molson Coors Brewing Co. (NYSE: TAP) as the Bear of the

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Plans for Upscale Mall at Oyster Bay Resume

Taubman Centers' long-delayed Mall at Oyster Bay in Oyster Bay, N.Y., is closer to becoming a reality.

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Taubman Centers to Participate in Investor Roundtable

BLOOMFIELD HILLS, Mich., June 12 /PRNewswire-FirstCall/ -- Taubman Centers, Inc. (NYSE: ) today announced that Robert S. Taubman, chairman, president and chief executive officer, Lisa A. Payne, vice chairman and chief financial officer, and David T. Weinert, senior vice president, leasing, will participate in a roundtable discussion with investors on Thursday, June 12, 2008 at 8:30 a.m. Eastern Daylight...

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Taubman Centers to Present at NAREIT'S REITWeek 2008

BLOOMFIELD HILLS, Mich., June 3 /PRNewswire-FirstCall/ -- Taubman Centers, Inc. (NYSE: ) today announced that Robert S. Taubman, chairman, president and chief executive officer, will participate in a roundtable discussion with investors at REITWeek 2008, NAREIT's Investor Forum on Thursday, June 5, 2008 at 3:30 p.m. Eastern Daylight Time. (Logo: ) The session will be webcast at under "Investing."...

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Taubman Centers Declares Common and Preferred Dividends

BLOOMFIELD HILLS, Mich., May 29 -- The Board of Directors of Taubman Centers, Inc. (NYSE: TCO) today declared a regular quarterly dividend of $0.415 per share of common stock. The common dividend is paya...

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Taubman goes with Benderson, Forbes to build Lakewood Ranch mall

Taubman Centers Inc. has agreed to partner with the Forbes Co. and Benderson Development Co. on the development of a mall near Lakewood Ranch in Sarasota. (TCO)

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Taubman Centers, Inc. Q1 2008 Earnings Call Transcript

Taubman Centers, Inc. (TCO) Q1 FY08 Earnings Call Complete Story »

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Taubman Centers Reports First Quarter Results

- Funds From Operations Per Share up 4.6% - Tenant Sales Per Square Foot up 3.0% - International Plaza and Fair Oaks Financings Completed - Maintains Annual Guidance BLOOMFIELD HILLS, Mich., April 22 /PRNewswire-FirstCall/ -- Taubman Centers, Inc. (NYSE: ) today reported its financial results for the first quarter of 2008. (Logo: ) Net Income allocable to common shareholders per diluted common...

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Zacks Analyst Blog Highlights: Activision, 3Com Corp., Taubman Centers, Skyworks Solutions and iPass

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting

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Taubman Centers: Are All Retail REITs Overvalued?

Chris Marshall submits: I have been looking at regional centers and malls for sale on the open market to aid in the valuation of retail REITs. I have listed 3 as examples. Occupancy varies from 80% to 95% and net operating income [NOI] from 7% to 11%. Complete Story »

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Can Taubman Centers Survive?

Chris Marshall submits: Let's go back to basics. Their balance sheet shows that the assets of Taubman Centers (TCO) and its liabilities cancel each other out, i.e. zero value. Complete Story »

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Taubman Centers to Present at Citigroup's 2008 Global Property Conference

BLOOMFIELD HILLS, Mich., Feb. 28 /PRNewswire-FirstCall/ -- Taubman Centers, Inc. (NYSE: ) today announced that Robert S. Taubman, chairman, president and chief executive officer, and Lisa A. Payne, vice chairman and chief financial officer, will participate in a company roundtable presentation to the investment community at the Citigroup 2008 Global Property Conference on Monday, March 3, 2008 at 8:25...

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Revenue profits rise for Taubman Centers at 2007's end

Taubman Centers Inc. reported boosts in revenue profits and occupancy for the fourth quarter and 2007 today.