The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

Unusual 11 Mid-Day Movers 12/12: GGP, PLD, EXEL, MAC Higher; LAD, HWD, AXL, PKI Lower

 Dec 12, 2008 04:54 PM UTC
Return Risk
+19.84% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
LAD n/a
GGP n/a
PLD n/a

Graphic_arrow1 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)


 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch