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Washington Prime Group Inc. (NYSE: WPG) today announced that due to the heightened uncertainty relating to the duration and potential impact of the coronavirus (COVID-19) pandemic with respect to consumer facing sectors including our own, the Company is taking proactive measures to enhance it...
Before COVID-19 there was the so-called "retail apocalypse" that was destroying sales at brick and mortar stores. This has been a one-two punch for landlords who own retail properties, with enclosed malls taking a particularly big hit, and a number of mall-owning real estate investment trusts (R...
Have you ever heard of black swans? Not the bird. Those exist too, of course, and they’re apparently not as rare as they once were. But what I’m talking about is the event – the kind that nobody wants to see and nobody usually does - but that still lurks in the shado...
To me, the primary objective in any market crash, is to not be forced to sell your stocks at the bottom. This is easier said than done. Any number of things ranging from living expenses, medical bills or margin calls can force one to sell even when they know the market price is below intrinsic...
As some retail chains temporarily close to help stem the spread of the coronavirus, the real estate investment trusts that rent to the retailers tumble. More news on: Tanger Factory Outlet Centers, Inc., Washington Prime Group Inc., The Macerich Company, Financial stocks news, Consumer sto...
OPKO Health (NASDAQ: OPK ) +45% as subsidiary BioReference Laboratories is now accepting samples for COVID-19. More news on: OPKO Health, Inc., Liberty TripAdvisor Holdings, Inc., Norwegian Cruise Line Holdings Ltd., Stocks on the move, , Read more ...
Washington Prime Group (NYSE: WPG ) CEO Louis Conforti takes advantage of WPG's falling stock price and shells out ~$100K to add to his stake in the company. More news on: Washington Prime Group Inc., Financial stocks news, Read more ...
The Washington Prime Group ( WPG -9.7% ) director who acquired 125K shares from March 3-4 bought 46.7K more on Friday at an average price of $2.29 per share. More news on: Washington Prime Group Inc., Financial stocks news, Read more ...
Figure 1 Source What did I think at my last portfolio review? I last wrote about my whole portfolio back at the end of the summer in 2019. At the time the market value of my portfolio was approximately $609,680. While that was a significant gain from where I started the year (~$511K)...
Real Estate Weekly Outlook Fear, incorporated. The coronavirus-related volatility continued on a wild week for U.S. equity markets following the worst week for stocks since the financial crisis. Stocks ended the week with gains following a series of historic intra-day fluctuations includin...
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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...