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CBLAQ News and Press, CBL & Associates Properties Inc. From 10/09/21

Stock Information

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

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CBLAQ - Help Wanted: Shortages Intensify

U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...

CBLAQ - Home Sweet Home

U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...

CBLAQ - Some malls will be winners as the U.S. economy recovers: Morningstar conference

Morningstar expects the U.S. GDP to increase about 6% this year, moderating to 4.3% in 2022, said Morningstar Senior Equity Analyst Preston Caldwell during at session called "Investing in Strange Times: 2020's Implications for Long-Term Investors." That's similar to Federal Reserve'...

CBLAQ - Shopping Center REITs: Big Box Boom

Big Box Is Back: The COVID pandemic has radically transformed consumer spending habits - perhaps permanently - shifting spending towards goods over services and towards larger-format retailers over smaller shops. While enclosed regional malls face a long and uncertain road to recovery...

CBLAQ - Washington Prime's Reorganization Plan Was Amended, Giving Larger Recoveries For Equity Holders

Amended WPG plan and disclosure statement were filed very late on August 24. Preferred shareholders' cash recovery increases from about $2.52 to $4.41 per share and new equity increases to 6.0625% from 3.0625%. Common shareholders electing to receive new equity are now allowed to ...

CBLAQ - All Eyes On Fed As Reopenings Stall

U.S. equity markets retreated on a choppy week after a downbeat slate of economic data heightened concern that the recent COVID resurgence could stall or reverse the global economic reopenings. Exhibiting a reversion back to the "stay at home" trading patterns, the large-cap S&am...

CBLAQ - CBL Properties Celebrates Opening of Hollywood Casino at York Galleria Mall in York, Pennsylvania

CBL Properties (OTCMKTS:CBLAQ) today announced the grand opening of Hollywood Casino, a nearly $120 million entertainment destination developed by Penn National Gaming (PNG), in the lower level of the former Sears location at CBL’s York Galleria Mall, in York, Pennsylvania. The n...

CBLAQ - State Of The REIT Nation

In our "State of the REIT Sector" report, we analyze recently-released NAREIT T-Tracker data to review high-level REIT fundamentals over the past quarter through a series of charts. REIT company-level metrics have exhibited a substantial rebound over the last year as FFO and dividends...

CBLAQ - CBL Properties Reports Results for Second Quarter 2021

Operations Improvement Reflects Strength of Business Recovery CBL Properties (OTCMKTS: CBLAQ) announced results for the second quarter ended June 30, 2021. A description of each supplemental non-GAAP financial measure and the related reconciliation to the comparable GAAP...

CBLAQ - Inflation Is A Problem

U.S. equity markets edged to fresh record-highs this week, shrugging-off the "fourth wave" of the COVID pandemic and another round of red-hot inflation data that has weighed on consumer sentiment. Real estate equities delivered a mixed week - but remain the top-performing asset class ...

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