EdgeWater 1/8/2011 1:21:36 AM
News / Business

Financial Stocks Alert (UDR, PCL, SPG, UCBI)

Financial Stocks Alert

UDR, Inc. (NYSE:UDR) slid 0.74% to $22.75. UDR, Inc. is a self-administered real estate investment trust (REIT) that owns, acquires, renovates, develops and manages apartment communities nationwide. At December 31, 2009, the Company’s consolidated apartment portfolio included 165 communities located in 23 markets with a total of 45,913 completed apartment homes.

Plum Creek Timber Co. Inc. (NYSE:PCL) added 2.06% to $39.17. Plum Creek Timber Company, Inc. is a private timberland owner in the United States. As of December 31, 2009, Plum Creek owned 7 million acres of timberlands located in 19 states.

Simon Property Group, Inc (NYSE:SPG) fell 2.95% to $95.35. Simon Property Group, Inc. is a United States real estate company. Simon owns or has an interest in 373 retail real estate properties, including regional malls, Premium Outlets, The Mills, community/lifestyle centers and international properties comprising 256 million square feet of gross leasable area in North America, Europe and Asia.

United Community Banks, Inc. (NASDAQ:UCBI) plunged 8.52% to $2.04. United Community Banks, Inc. is a bank holding company. United conducts its operations through 27 separate community banks, which as of December 31, 2009, operated at 107 locations in north Georgia, the Atlanta, Georgia Metropolitan Statistical Area (MSA), the Gainesville, Georgia MSA, coastal Georgia, western North Carolina and east Tennessee. 

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