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A few hours ago I received breaking news alerts on my phone. Bloomberg: "Forever 21 Prepares for Potential Bankruptcy Filing" CNBC: "Apparel retailer Forever 21 weighs bankruptcy filing" The list goes on. Back in June, the WSJ reported: "Forever 21 Seeks Restructuring Advice to A...
May I have your attention, please? May I have your attention, please? Will the real Slim Shady please stand up? I repeat, will the real Slim Shady please stand up? We’re gonna have a problem here. – Eminem, “The Real Slim Shady ” Ninetee...
I don’t think anyone will disagree when I say that technology has done amazing things for the global society. I’m not even talking about smartphones when I say that. Life did, in fact, exist – and exist quite well, actually – before June 29, 2007, when Apple ( AAP...
When we look for 10% yielding stocks in the market, we might find ourselves looking at risky stocks like Tanger Factory Outlet ( SKT ), Apollo Commercial Real Estate ( ARI ) or Macy’s ( M ). I recently wrote about why I am very pessimistic SKT . There I explained why the payout ratio d...
COLUMBUS, Ohio, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Washington Prime Group Inc. (NYSE: WPG) colleagues recently participated in Pelotonia, a three-day experience that includes a weekend of cycling, entertainment and volunteerism in the Central Ohio area. Earlier this month, Washington Prim...
In order to properly discuss why you always want some cash on hand as an investor, let’s discuss the news. Oh, the news. Always such a great source of gloom and doom to dampen your morning, afternoon, and evening enthusiasm. No doubt, you have your own mental collection of trouble...
We were a tiny bit surprised by the dividend announcement on August 2 that Washington Prime Group ( WPG ) would be paying a $0.25 dividend - in line with previous quarters. The company's stock has been under considerable pressure and while business seems to be turning around, we wouldn't hav...
How to retire? One of the most pressing issues of the day. Countless readers turn to Seeking Alpha to handle the challenges that face retirees today. Retirees must know: How to plan their cash flows. How to build a steady portfolio. What levels of expectations are sensible. It is p...
The internet has contributed to the closing of department stores operated by Sears , Kmart, and Bon-Ton . It has ripped apart niche retailers like Charlotte Russe and Payless ShoeSource. And the damage from the so-called retail apocalypse isn't over, with companies like Gap and Ascena G...
REIT Rankings: Mall REITs In our REIT Rankings series, we introduce and update readers to each of the commercial and residential real estate sectors. We rank REITs within the sectors based on both common and unique valuation metrics, presenting investors with numerous options that fit...
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Washington Prime Group Inc. (NYSE: WPG) today announced its intention to voluntarily delist from the New York Stock Exchange (the “NYSE”) its shares of common stock (the “Common Stock”), 7.5% Series H Cumulative Redeemable Preferred Stock (the “Series ...
Washington Prime Group Inc. (NYSE: WPG) today announced that Landmark Theatres will become the premier movie theatre operator at Scottsdale Quarter® (“The Quarter”), an open-air lifestyle center and mixed-use property located in Scottsdale, Arizona. The addition of La...