Dallas 2/24/2011 8:15:41 AM
News / Finance

DEI, DRE, BDN, MFA, WIN: Wednesday's Movers and Shakers

Wednesday's Movers and Shakers: DEI, DRE, BDN, MFA, WIN

Douglas Emmett (NYSE:DEI) has lost 1.52% or $.28 to settle at $18.13 with a volume of 909,000. The stock has been trending above its 50 day moving average of $17.49 and its 200 day moving average of $16.50 with a relative strength index of 48.47, which is considered neither overbought nor oversold at these levels.

Douglas Emmett, Inc. is a self-administered and self-managed Real Estate Investment Trust (REIT). The Company is an owner and operator of office and multifamily properties located in submarkets in California and Hawaii. Its consolidated portfolio of properties include 49 office properties totaling approximately 11.9 million square feet of office space and nine multifamily properties containing 2,868 apartment units.

Duke Realty Corp. (NYSE:DRE) has lost 1% or $.14 a share to settle at $13.27 with a surging volume of 2,185,485. Stock has been trading above its 50 day moving average of $12.76 and its 200 day moving average of $11.74 with a relative strength index of 49.97.

Duke Realty Corporation (Duke) is a self-administered and self-managed real estate investment trust (REIT). As of December 31, 2009, its portfolio of 762 rental properties (including 211 jointly controlled in-service properties with more than 43.2 million square feet, four consolidated properties under development with approximately 663,000 square feet and three jointly controlled properties under development with more than 957,000 square feet) encompasses approximately 135.4 million rentable square feet and is leased by a diverse base of approximately 3,500 tenants whose businesses include manufacturing, retailing, wholesale trade, distribution, healthcare and professional services.

Brandywine Realty Trust (NYSE:BDN) has lost 0.9% or $.11 a share to settle at $11.92 with a volume of 1.8 million shares, which is more than the three-month average volume of 1,642,060. The stock has been trading above its 50 day moving average of 11.49 and 200 day moving average of 11.29 with a relative strength index of 52.37.

Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT) that provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, mixed-use and industrial properties. As of December 31, 2009, the Company owned 212 office properties, 22 industrial facilities and three mixed-use property (collectively, the Properties) containing an aggregate of approximately 23.3 million net rentable square feet. It also has two properties under development and three properties under redevelopment containing an aggregate of 1.9 million net rentable square feet.

MFA Financial, Inc. (NYSE:MFA) has increased 1.33% or $.11 to settle at a dollars and $.36 a share with a volume of 3,192,564 shares compared to its average three-month volume of 3,105,150 shares. The company has a market capitalization of $2.35 billion and a healthy P/E ratio of 8.99 for the past 12 months.

MFA Financial, Inc., formerly MFA Mortgage Investments, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential Agency and Non-Agency adjustable-rate mortgage-mortgage-backed securities.

Windstream Corp. (NASDAQ:WIN) has lost 0.41% or $0.05 to settle at $4.20 a share with a increased volume of 9,613,324 shares. the stock has fallen from its 50 day moving average of $13.32 but is still trading way above its 200 day moving average of $11.94 a share with a relative strength index of 27.87.

Windstream Corporation (Windstream) is a telecommunications company that provides phone, high-speed Internet and digital television services. It also offers a range of Internet protocol-based (IP) voice and data services and phone systems and equipment to businesses and government agencies. As of December 31, 2009, it provided service to approximately 3 million access lines and 1.1 million high-speed Internet customers primarily located in rural areas in 16 states.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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