WPG News and Press, Washington Prime Group Inc. From 07/03/21

U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...

Bankrupt REIT Washington Prime Group finally filed their Ch.11 reorganization plan and disclosure statement. The details in the latest filings indicate that small retail investors are at a disadvantage compared to larger investors. There could be some very complicated stock borrow...

U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...

Many retail REITs had been struggling long before the COVID-19 pandemic, so it isn't surprising that some of the weaker players in the space ended up declaring bankruptcy in 2021. Washington Prime Group (NYSE: WPG) is the latest one to do so, and in this Fool Live video clip, ...

Washington Prime Group Inc. (NYSE: WPG) announced an agreement to bring the newest commercial office development by Synergy & Mills Development to The Mall at Fairfield Commons in Beavercreek, Ohio, which is home to retail stores, restaurants, entertainment venues and hotels.. The p...

U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...

Over the past twelve months, there has been close to $50 billion of closed or announced M&A (mergers & acquisitions) deals in the REIT sector. That includes three privately funded transactions and four REIT buyers. We believe we’re in the early innings as it relates...

Mall REIT Washington Prime Group filed for Ch.11 bankruptcy on June 13. Common shareholders and preferred shareholders will split $40 million cash or 6.125% of the new equity. Unsecured noteholders are getting cash and right to participate in a rights offer, if they are accredited...

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On the conclusion of the 2021 Russell indexes annual reconstitution, the following financial and real-estate companies will join the Russell Microcap Index, effective June 28 after market opens.Financial stocks to be added to the Russell Microcap Index include: Ambac Financial Group (AMBC), A...