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Developers Diversified Realty Corp.



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1Vote!

June Phoenix update

By request, here is the latest update on the Phoenix list: ACCO Brands Corp (ABD), American Axle & Manufacturing Holdings I (AXL), ArvinMeritor Inc (ARM), Belo Corp (BLC), Clear Channel Outdoor Holdings Inc (CCO), Crosstex Energy Inc (XTXI), Dana Holding Corp (DAN), Delta Petroleum Corp (DPTR), Developers Diversified Realty Corp (DDR), Eastman Kodak Co (EK), Emcore Corp (EMKR), EW Scripps Co (SSP),...

1Vote!

Developers Diversified rises on Otto family investment

BOSTON (MarketWatch) -- Shares of troubled real estate investment trust Developers Diversified Realty Corp. rose more than 25% in early trading Tuesday after the company agreed to sell 30 million shares to the Otto family, who own German shopping center developer ECE Projektmanagement. The deal is worth about $112.5 million and could help alleviate some of Developers Diversified's debt burden. "The...

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Developers Diversified swings to loss after charges

BOSTON (MarketWatch) -- Real estate investment trust Developers Diversified Realty Corp. on Monday said its fourth-quarter net loss applicable to common shareholders was $190.2 million, or $1.57 a share, compared with net income of $32.2 million, or 27 cents a share, in the year-ago period. The company said the latest quarter's results included net charges of $216.3 million, or $1.78 a share. The...