HCP is a self-administered real estate investment trust, which together with its consolidated subsidiaries, invests primarily in real estate serving the healthcare industry in the...
Dividends4Life submits: Now that more than half the year is behind us, I thought it would be interesting to look at my top 5 performers through July 31, 2008. As dismal as the stock market has been this year, there are still some bright spots. My top five performers...
Dividends4Life submits: A yield curve is the relationship between yield and maturity. In a "normal" yield curve yields rise as maturity lengthens. When yields drop as the term lengthens, it is referred to as an inverted yield curve. A Yield On Cost (current dividend/basis) curve, like a yield curve,...
CHICAGO, Aug. 25 /PRNewswire/ -- Seven Summits Research issues PriceWatch Alerts for key stocks. Seven Summits Strategic Investments' PriceWatch Alerts are available at http://www.iotogo.com/s/082508A (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's PriceWatch Alerts...
SEATTLE -- Emeritus Corporation (AMEX: ESC), a national provider of assisted living and related services to senior citizens, announced today that it has entered into an agreement to lease 11 communities from affiliates of HCP, Inc. (NYSE: HCP). The communities are comprised of 1,462 units and are located in California,...
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...
LONG BEACH, Calif. -- HCP (NYSE:HCP) announced the pricing of its public offering of 13 million shares of common stock at a price per share of $33.50. The proceeds from this offering will be approximately $435 million and will be used to repay a portion of outstanding indebtedness under HCP's...
LONG BEACH, Calif. -- HCP, Inc. (NYSE:HCP): HIGHLIGHTS * Tenet hospital portfolio restructured * Raised $1.3 billion through asset dispositions and financing transactions * 2008 FFO guidance raised to $2.27 - $2.35 per diluted common share and EPS guidance changed to $2.01...
LONG BEACH, Calif. -- HCP (NYSE:HCP) announced that it intends to issue 13 million shares of its common stock. J.P. Morgan Securities Inc., Banc of America Securities LLC, Credit Suisse Securities USA LLC and Goldman, Sachs & Co. will act as joint book-running managers for the offering. Net...
LONG BEACH, Calif. -- HCP (NYSE:HCP) reported that its Board of Directors declared a quarterly common stock cash dividend of $0.455 per share. The dividend will be paid on August 21, 2008 to stockholders of record as of the close of business on August 11, 2008. The annualized rate of...
Medical Device Executives Talk About Outsourcing, FDA Relations, When to Call in Lawyers HEALTHCARE Santa Ana-based Grubb & Ellis Co.'s Healthcare unit is on a nationwide buying binge. The unit began in July with a big deal, spending $90 million for 20 medical buildings in...
LONG BEACH, Calif. -- HCP (NYSE:HCP) will report its second quarter financial results on Monday, August 4, 2008, after the close of trading on the New York Stock Exchange. On Tuesday, August 5, 2008, the Company will host a conference call and webcast at 9 a.m. Pacific...
BIRMINGHAM, Ala. -- Medical Properties Trust, Inc. (NYSE: MPW) announced today that it has made investments in five new hospital facilities for an aggregate of approximately $92.6 million. The Company entered into a $60 million financing arrangement with affiliates of Prime Healthcare Services, Inc. related to three...
CLEARWATER, Fla., July 8 /PRNewswire/ -- minSURGTM Corporation, through its parent company, Orthopedic Development Corporation, has received a Notice of Allowance from the United States Patent and Trademark Office on two of its pending US patent applications. The patents protect the designs of one of its...
SANTA ANA, Calif., July 3 /PRNewswire/ -- Grubb & Ellis Healthcare REIT, Inc. today announced it has completed its acquisition of Senior Care Portfolio 1 with the addition of two skilled nursing facilities in California. The portfolio is comprised of an aggregate of six properties,...
NEWTON, Mass. -- Five Star Quality Care, Inc. (AMEX: FVE) today announced that it has purchased three assisted living facilities with 259 living units for $21.4 million and acquired the operations of an additional seven assisted living facilities with 614 living units for an annual rent payment...
SANTA ANA, Calif., July 1 /PRNewswire/ -- Grubb & Ellis Healthcare REIT, Inc. today announced the acquisition of Medical Portfolio 3, a collection of 13 healthcare-related properties comprising 20 buildings, located throughout Indianapolis. Medical Portfolio 3 consists of approximately 689,000 square feet of gross...
Settlement Agreement Ends Dispute with Hospital Lessor, HCP, Inc. Tenet Will Continue to Operate Four Hospitals Leased from HCP Leases at Two HCP-Owned Hospitals Will Not Be Renewed DALLAS -- Tenet Healthcare Corporation (NYSE: THC) announced it has reached a settlement...