Austin, TX 12/12/2007 12:49:58 AM
Speak with other shareholders about: (NYSE: GBE), (NYSE: SHO), (NYSE: NHI), (NASDAQ: FCEL), (NASDAQ: OXGN)
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GRUBB & ELLIS COMPANY (NYSE: GBE)
Grubb & Ellis Company closed at $6.67 Monday, trading 136,700 shares.
COMPANY NEWS- December 11, 2007:
Grubb & Ellis Healthcare REIT, Inc., formerly NNN Healthcare/Office REIT, Inc., announced that it is now sponsored by Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment management firm. On Friday, December 7, 2007, Grubb & Ellis merged with NNN Realty Advisors, Inc., a nationwide commercial real estate asset management and services firm that previously sponsored NNN Healthcare/Office REIT. The board of directors of the REIT elected to change the name in order to better reflect the association with its new sponsor.
According to the announcement, the management, officers and board of directors of Grubb & Ellis Healthcare REIT remain unchanged.
About Grubb & Ellis Company (NYSE: GBE)
Grubb & Ellis Company is a full-service commercial real estate organizations, providing transaction, management and consulting services.
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SUNSTONE HOTEL INVESTORS, INC. (NYSE: SHO)
Sunstone Hotel Investors, Inc. closed at $23.71 Monday, trading 571,400 shares.
COMPANY NEWS- December 10, 2007:
Sunstone Hotel Investors, Inc. and Strategic Hotels & Resorts, Inc. (NYSE: BEE) announced that they have entered into a partnership to own and operate BuyEfficient, an electronic purchasing platform that allows members to procure food, operating supplies, furniture, fixtures and equipment. Under the terms of the agreement, Strategic has acquired a fifty percent interest in BuyEfficient, LLC from Sunstone for a gross sales price of $6.3 million.
About Sunstone Hotel Investors, Inc. (NYSE: SHO)
Sunstone Hotel Investors, Inc. operates as a real estate investment trust. It engages in the ownership, acquisition, sale, management, and renovation of hotel properties in the United States.
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NATIONAL HEALTH INVESTORS, INC. (NYSE: NHI)
National Health Investors, Inc. closed at $30.42 Monday, trading 54,000 shares.
COMPANY NEWS- December 10, 2007:
National Health Investors, Inc., a real estate investment trust, announced that it will pay a fourth quarter regular dividend of 50 cents per common share and a special dividend of 85 cents per common share to shareholders of record on December 31, 2007 and payable on January 31, 2008. According to the announcement, the 85 cent special dividend is required as a result of taxable income attributable to recoveries of amounts previously written down, or gains, related to loan payoffs. This special dividend reflects the company's continued success in managing its existing portfolio.
About National Health Investors, Inc. (NYSE: NHI)
National Health Investors, Inc., a real estate investment trust (REIT), invests in health care properties, primarily in the long-term care industry in the United States.
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FUELCELL ENERGY, INC. (NASDAQ: FCEL)
FuelCell Energy, Inc. closed at $10.20 Monday, trading 1,038,800 shares.
COMPANY NEWS- December 11, 2007:
FuelCell Energy, Inc. reported Q4 (Oct) loss of $0.25 per share, $0.02 better than the First Call consensus of ($0.27). According to the announcement, the Company's revenues rose 80.4% year/year to $16.5 million vs the $13.1 million consensus.
About FuelCell Energy, Inc. (NASDAQ: FCEL)
FuelCell Energy, Inc. engages in the development, manufacture, and sale of fuel cell power plants for electric power generation. Its core carbonate fuel cell products include Direct FuelCell and DFC Power Plants.
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OXiGENE, INC. (NASDAQ: OXGN)
OXiGENE, Inc. closed at $2.64 Monday, trading 39,900 shares.
COMPANY NEWS- December 11, 2007:
OXiGENE, Inc., a clinical-stage, biopharmaceutical company developing novel therapeutics to treat cancer and eye diseases, announced that Richard Chin, M.D., President and CEO, will present a corporate update to investors in Stockholm, Sweden, on December 11, 2007. Included in the presentation will be an update on the progress of OXiGENE's ongoing Phase II/III pivotal registration study of ZYBRESTAT for anaplastic thyroid cancer (ATC).
About OXiGENE, Inc. (NASDAQ: OXGN)
OXiGENE, Inc., a biotechnology company, develops small-molecule therapeutics to treat cancer and eye diseases.
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