Dallas 5/12/2010 12:14:03 AM
News / Business

Real Estate Stocks in Focus (NYSE:BEE, HST, PLD, MPG)

Stocks in Focus

 

Strategic Hotels & Resorts Inc. (NYSE:BEE) fell 11.97% at $5.22.  The company announced that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of the outstanding 3.50% Exchangeable Senior Notes due 2012 (the "Exchangeable Notes") issued by its subsidiary, Strategic Hotel Funding, L.L.C. ("SH Funding"), at a purchase price per $1,000 principal amount of Exchangeable Notes.   Over the last 52 weeks the stock has ranged from a low of $0.94 to a high of $6.97.

 

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Host Hotels & Resorts, Inc. (NYSE:HST) went down 1.81% to $15.75. Over the last 52 weeks the stock has ranged from a low of $7.07 to a high of $17.09.

 

ProLogis (NYSE:PLD) declined 1.72% to $12.02.  Over the last 52 weeks the stock has ranged from a low of $6.54 to a high of $15.04.

 

Maguire Properties, Inc. (NYSE:MPG) spurted 11.15% to $3.49.  Over the last 52 weeks the stock has ranged from a low of $0.51 to a high of $4.60. So far in this year the stock went up over 137%.

 

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