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Market Watch (Free subscription) | yesterday
NEW YORK (MarketWatch) -- Developers Diversified Realty Corp. said Monday that Daniel Hurwitz, 45, will serve as president and chief executive officer, effective Jan. 1. Hurwitz succeeds Scott Wolstein, 57, who will become executive chairman of the real estate investment trust. The company said the moves are part of its previously announced management succession strategy. Market Pulse...
SeekingAlpha ETFs (Free subscription) | 2 hours ago
... U.S. Real Estate Index Fund ( IYR ), a broad-based REIT ETF that jumped nearly 5% for the session. Developers Diversified Realty Corp. surged on news of a new chief executive, while Kimco Realty got a boost after Standard & Poor’s Ratings Services announced that its outlook was unaffected by a recent purchase. Several earnings announcements also contributed to IYR’s...
Market Watch (Free subscription) | yesterday
BOSTON (MarketWatch) -- Real estate investment trusts were among the market's strongest performers Monday as stocks rallied. The SPDR Dow Jones REIT ETF was up more than 4% in afternoon trading. Developers Diversified Realty Corp. shares rose about 9%. The company named a new chief executive and is reportedly selling $400 million of commercial mortgage-backed securities under the Federal...
Market Wire (Free subscription) | 11/06/2009
NEW DELHI, INDIA (MARKET WIRE) Analyst Choice has combined some of the best financial and technical minds worldwide to bring you an array of free quality equity research and reporting. Today we have begun in-depth reporting on our website evaluating the current market condition of Developers Diversified Realty Corp. (NYSE: DDR), Fortress Investment Group LLC (NYSE: FIG), Estee Lauder...
Law Blog - WSJ.com (Free subscription) | 11/05/2009
Coventry Real Estate Advisors sued mall owner Developers Diversified Realty, saying it had fired it from management of 12 centers they jointly own due to the mall owner allegedly performing inadequately.
