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Unusual 11 Mid-Day Movers 12/12: GGP, PLD, EXEL, MAC Higher; LAD, HWD, AXL, PKI Lower |
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| Dec 12, 2008 04:54 PM UTC |
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Tracked Blogger
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Via StreetInsider.com News Articles:
General Growth Properties, Inc. (NYSE: GGP) 30.6% HIGHER; announced the completion of approximately $896 million of mortgage loans. The maturity dates of these mortgage loans range from five to seven years. The proceeds were fully used to retire a $58 million bond issued by The Rouse Company LP maturing December 11, 2008, as well as to refinance approximately $814 million of mortgage indebtedness scheduled to mature in 2009. Lithia Motors (NYSE: LAD) 28.3% LOWER; anything related to the automakers are sinking today as Congress denied the Big 3 the $14 billion bridge loan they were looking for. ProLogis (NYSE: PLD)
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