|Bid||0.8600 x 900|
|Ask||0.0000 x 800|
|Day's range||0.8810 - 0.9593|
|52-week range||0.7700 - 2.6100|
|Beta (5Y monthly)||1.62|
|PE ratio (TTM)||N/A|
|Earnings date||05 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||28 Mar 2019|
|1y target est||1.17|
CBL Properties (NYSE:CBL) today announced tax reporting (Federal 1099) information for the 2019 distributions on its Common, Series D Preferred and Series E Preferred shares.
If you're interested in CBL & Associates Properties, Inc. (NYSE:CBL), then you might want to consider its beta (a...
CBL Properties (NYSE:CBL) today announced the first phase of redevelopment plans for the former Sears building at Cross Creek Mall in Fayetteville, North Carolina. As part of the project, Fayetteville will welcome new-to-market entertainment operator Dave & Buster’s, which will feature hundreds of the latest arcade games, state-of-the-art sports viewing, chef-crafted food and innovative cocktails.
CBL Properties (NYSE:CBL) today announced significant year-end progress on its strategy to transform its properties through redevelopment and the addition of new uses. In 2019, CBL completed a dozen projects totaling approximately 650,000 square feet, with an additional five projects totaling approximately 490,000 square feet currently under construction.
CBL Properties (NYSE:CBL) today announced that it closed the sale of a 15% interest in The Outlet Shoppes at Atlanta in Atlanta, GA, to an affiliate of its existing joint venture partner, Horizon Group Properties, for total consideration of $20.8 million. The sales price included approximately $11.4 million in related debt. Following the sale, CBL and its joint venture partner both own a 50% interest in the center. Net proceeds from the sale were used to reduce outstanding balances on the company’s line of credit.
CBL Properties (NYSE:CBL) today announced redevelopment plans at Coastal Grand in Myrtle Beach, South Carolina. As part of the project, DICK’S Sporting Goods will relocate to a new building near Dillard’s, which will include the addition of Golf Galaxy. Flip N Fly will then open a 53,000-square-foot family entertainment venue in the former DICK’S Sporting Goods location.
CBL Properties (CBL) today announced that it is suspending all future dividends on its common stock, 7.375% Series D Cumulative Redeemable Preferred Stock and 6.625% Series E Cumulative Redeemable Preferred Stock. Offsetting these declines by retaining available cash is necessary to maintain the market dominant position of our properties and to reduce debt. The Company made this determination following a review of current taxable income projections for 2019 and 2020.
CBL Properties and ShopRite celebrated the grand opening of its newest state-of-the-art full-service supermarket at Stroud Mall on Nov. 1 with a ribbon cutting ceremony. ShopRite, which is located in the former Bon-Ton store at Stroud Mall, features its own restaurant, Bin37, a wine and beer shop, as well as the area’s first and only food hall experience.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into CBL & Associates Properties, Inc. (CBL). On March 16, 2016, a class action lawsuit was filed in federal court against the Company alleging a long-running fraudulent scheme to overcharge commercial tenants for electricity usage, violating federal and state RICO and other laws, and seeking treble damages under RICO and other relief.
CBL Properties today marked the completion of the Sears redevelopment at Brookfield Square in Milwaukee, Wisconsin, with a ribbon cutting and VIP event. Construction on the approximately 120,000-square-foot project, which included razing the entire Sears building, began in April 2018 and delivered new-to-market dining, entertainment, and other uses to the property.
CBL Properties (CBL) and Vision Hospitality Group, Inc. today announced that construction has commenced on the 135-room Aloft by Marriott in Chattanooga, Tennessee, as part of the Sears redevelopment project at Hamilton Place. The new hotel marks the brand’s entrance into the Chattanooga market. “We are thrilled to begin the second phase of Hamilton Place’s redevelopment project with the start of construction on Aloft by Marriott by our partners at Vision Hospitality Group,” said Stephen Lebovitz, chief executive officer, CBL Properties.
CBL & Associates Properties, Inc (NYSE:CBL) shareholders should be happy to see the share price up 22% in the last...
CBL Properties (CBL) along with Von Maur announced today that the family-owned department store will open its first store in Madison, Wisconsin, at West Towne Mall in the former Boston Store location. “Over the years, Von Maur has been one of the most requested names by our customers, and we are thrilled to announce their addition to West Towne Mall,” said Stephen Lebovitz, chief executive officer, CBL Properties.
CBL Properties (CBL) today announced that the New York Stock Exchange (NYSE) has notified the Company that, based on CBL’s common stock price, it has regained full compliance with NYSE continued listing criteria. CBL received written notification from the NYSE on October 1, 2019, that it regained compliance after the Company’s average stock price for the 30-trading-day period ended September 30, 2019, as well as the closing price on that date, were above the NYSE’s minimum listing criteria of $1.00. The Company, which has continued to trade on the NYSE since falling below the minimum share price, is now in compliance with all NYSE listing criteria.
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