Mack Cali Realty Corp : Before the Bell Scans of Simon Property, CBL & Associates Properties, CommonWealth REIT, Boston Properties, and Mack-Cali Realty
03/13/2013| 07:05am US/Eastern
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LONDON, March 13, 2013 /PRNewswire/ --
Last year was a challenging one for the retail and office REITs such as Simon Property
Group Inc. (NYSE: SPG), CBL & Associates Properties Inc. (NYSE: CBL), CommonWealth REIT
(NYSE: CWH), Boston Properties Inc. (NYSE: BXP), and Mack Cali Realty Corp. (NYSE: CLI).
However, outlook has improved significantly since the start of this year as rents and
occupancies have risen. With the economy continuing to recover at a strong pace, REITs in
the retail and office space are expected to have a solid year ahead. On Tuesday, REITs
ended mostly lower as the broad market struggled. StockCall has taken an interest in these
companies and you can now sign up to download the free technical research on SPG, CBL,
CWH, BXP, and CLI at
http://www.stockcall.com/registration
Shares of Simon Property Group Inc. edged lower in Tuesday's trading session. The
stock closed 0.92% lower at $159.52 on above average volume of 1.26 million yesterday.
Simon Property's shares are currently trading close to their 52-week high of $164.32. The
stock has underperformed the broad market this year, gaining just 0.9%, compared to a gain
of over 8.80% for the S&P 500. The REIT's shares slipped below their 50-day moving average
yesterday, which is a bearish signal. The bearish trend is further confirmed by recent
volume activity and the MACD chart. Sign up today to read the free research report on SPG
at
http://www.StockCall.com/SPG031313.pdf
Shares of CBL & Associates Properties Inc. slipped in Tuesday's trading session. The
stock ended the day 0.57% lower at $22.71 on volume of 1.11 million. CBL & Associates
shares are also trading close to their 52-week high. The stock has gained more than 7%
this year, underperforming the S&P 500, which has gained more than 8.80%. The company
currently has a dividend yield of 3.87%. The stock's MACD has just crossed below the
signal line, which is a bearish signal. Register to download the free technical analysis
on CBL at
http://www.StockCall.com/CBL031313.pdf
Shares of CommonWealth REIT have risen sharply in 2013. Year-to-date, the stock has
gained more than 37%, easily outperforming the broad market. On Tuesday, though, the stock
fell sharply. CommonWealth REIT's shares ended 1.81% lower at $21.75 on volume of 2.99
million in yesterday's trading session. The stock has seen a sharp pullback from around
$25. The stock's MACD has just crossed below the signal line, which is a bearish signal.
Free report on CWH can be accessed by registering at
http://www.StockCall.com/CWH031313.pdf
Shares of Boston Properties Inc. edged higher on Tuesday. The stock ended the day
0.71% higher at $104.78 on above average volume of 1.05 million. Boston Properties' shares
have struggled this year, falling nearly 1%, even as the broad market has rallied. The
REIT currently has a dividend yield of 2.48%. Register with StockCall and download the
research on BXP for free at
http://www.StockCall.com/BXP031313.pdf
Shares of Mack Cali Realty Corp. slipped in Tuesday's trading session; however, the
losses were limited. The stock closed 0.49% lower at $28.69 on above average volume of
1.24 million. The company's shares have outperformed the broad market this year, gaining
nearly 10%. The REIT currently has a dividend yield of 6.27%. Read the full free research
on CLI by signing up to StockCall at
http://www.StockCall.com/CLI031313.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and
comprehensive research and opinions on stocks making the headlines. Sign up today to talk
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SOURCE StockCall.com
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