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CBLAQ News and Press, CBL & Associates Properties Inc. From 11/29/20

Stock Information

Company Name: CBL & Associates Properties Inc.
Stock Symbol: CBLAQ
Market: OTC
Website: cblproperties.com

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CBLAQ - Odeon Capital says retail REITs' rebound is 'just beginning'

Climbing collection rates bode well for retail-focused REITs, as the owners of open-air shopping centers, enclosed malls, and other retail assets claw their way back from May's trough, writes Odeon Capital analyst Alex Arnold.And investors have noticed. Retail REIT shares, on the whole, have ...

CBLAQ - CBL Properties Celebrates Opening of Live! Casino Pittsburgh at Westmoreland Mall Outside of Pittsburgh, Pennsylvania

CBL Properties (OTCMKTS:CBLAQ) today announced the completion and grand opening of Live! Casino Pittsburgh, a $150-million entertainment destination developed by The Cordish Companies, in the former Bon-Ton location at CBL’s Westmoreland Mall in Greensburg, Pennsylvania, outside ...

CBLAQ - Shutdown Gloom Negates Housing Boom

U.S. equity markets delivered a mixed week as optimism about forthcoming coronavirus vaccines and stellar housing market data was negated by mounting concerns over cascading coronavirus-induced economic shutdowns. While the large-cap indexes posted declines on the week, small-cap...

CBLAQ - CBL Properties reports Q3 results

CBL Properties (CBLAQ): Q3 GAAP EPS of -$0.28; FFO/share of $0.06.Revenue of $129.9M (-30.6% Y/Y)Press Release For further details see: CBL Properties reports Q3 results

CBLAQ - CBL Q3 adjusted FFO, revenue slide as pandemic hits rent collections

CBL Properties (CBL) (CBLAQ), which filed for Chapter 11 bankruptcy at the beginning of the month, saw Q3 adjusted FFO per share shrink to 4 cents sank from 34 cents in the year-ago quarter, as the REIT's business was hurt by rent abatements and uncollectable revenue from tenants unable to pa...

CBLAQ - CBL Properties Reports Results for Third Quarter 2020

CBL Properties (OTCMKTS: CBLAQ) announced results for the third quarter ended September 30, 2020. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP financial measure is located at the end of this news release. KEY T...

CBLAQ - The State Of REITs: November 2020 Edition

The REIT sector has now endured losses in 7 of the first 10 months of 2020, with a -2.69% total return in October. Small-cap REITs were the hardest hit in October with an average return of -3.46%, while micro caps remained flat with an average return of -0.02%. Only 26.67% of REIT...

CBLAQ - Vaccine Powers REITs To Historic Rebound

U.S. equity markets climbed to record-highs this past week on positive trial results for a COVID-19 vaccine, a potentially major breakthrough hailed as a "great day for science and humanity." Adding to its 7% post-election surge, the S&P 500 gained 2.3% this past week to...

CBLAQ - CBL Properties Schedules Third Quarter 2020 Earnings Release

CBL Properties (OTCMKTS:CBLAQ) today announced that the Company plans to issue its report of earnings for the third quarter 2020 before the market opens on Tuesday, November 17, 2020. The Company will not hold a conference call to discuss third quarter results. About CBL Propertie...

CBLAQ - Washington Prime: Avoid Both Common And Preferred Shares

Washington Prime might get a bit of a short-term bump from the Pfizer vaccine news. Any rallies are selling opportunities. Like its B-tier mall peers, Washington Prime faces a dire financial situation. The preferred shares look like a yield trap; I'd only consider the bonds an...

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