Month: November 2012

Mergers & Acquisitions

BTB Real Estate Investment Trust announces the purchase of a 50% interest in two commercial and office buildings

November 2, 2012 0

BTB Real Estate Investment Trust announces the purchase of a 50% interest in two commercial and office buildings Canada NewsWire MONTREAL, Nov. 2, 2012 MONTREAL , Nov. 2, 2012 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (” BTB” ) is pleased to announce that, after the conclusion of the due diligence process, it has purchased a 50% interest in two commercial and office buildings located in Gatineau , Qu bec, for a total purchase price of $ 6,050,000 excluding closing costs. […]

Stock Analysts

Dull 3Q at Denny’s; Outlook Shrinks (DENN) (KONA)

November 2, 2012 0

Denny’s Corporation ( DENN ) recently reported third quarter 2012 earnings of 6 cents per share, missing the Zacks Consensus Estimate of 9 cents and year-ago quarter earnings of 8 cents per share. Total revenue declined 11.6% year over year to $120.9 million, but surpassed the Zacks Consensus Estimate of $119.0 million. […]

Momentum Stocks

Cincinnati Financial – Momentum (CINF)

November 2, 2012 0

Cincinnati Financial Corp. ( CINF ) touched its 52-week high of $40.70 on October 26; a day after this property casualty insurance writer reported stellar third-quarter results that included a 56.1% earnings surprise. With four straight quarters of positive earnings surprises and a year-to-date return of 30.8%, this Zacks #1 Rank (Strong Buy) appears to have solid momentum moving forward. […]