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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Zacks #5 Rank Additions for Tuesday – Zacks Tale of the Tape

Zacks Market Commentaries (April 14th, 2009) Writes:

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Acergy SA (ACGY) Adobe Systems Inc (ADBE) Belden Inc (BDC) Black Hills Corp (BKH) Cousins Properties Inc (CUZ) CryptoLogic Ltd (CRYP) Delphi Financial Group Inc (DFG) Eastman Chemical Co (EMN) Grupo Aeroportuario del Centro Nort (OMAB) Harbin Electric Inc (HRBN) Kimco Realty Corp (KIM) M&T Bank Corp (MTB) Main Street Capital Corp (MAIN) Patni Computer Systems Ltd (PTI) Porter Bancorp Inc (PBIB) RPM International Inc (RPM) Ryder System Inc (R) Vornado Realty Trust (VNO) Whiting USA Trust I (WHX) Yingli Green Energy Holding Co Ltd (YGE) View the entire Zacks #5 Rank List.

Zacks Investment Research

Kimco Prices Share Offering – Zacks Tale of the Tape

Zacks Market Commentaries (April 3rd, 2009) Writes:

Kimco Realty Corp. (KIM) shares surged a day after the shopping-center owner priced an offering of common shares to lower its debt burden.

The New Hyde Park, New York-based company will sell 91.5 million shares at $7.10 each to raise about $623.6 million. As the economic recession intensifies and credit markets tighten, Kimco's earnings from about 1,950 properties worldwide have been largely affected.

On Thursday, the real estate investment trust trimmed the upper end of its 2009 funds-from-operations guidance and said it would slash its quarterly dividend by 86% to 6 cents per share in the back half of the year. It now sees annual FFO of $1.70 to $1.85 a share, compared with its February forecast of $1.70 to $1.90.

Last month, Kimco repaid its $130 million 6.875% senior notes at maturity with proceeds from its U.S. $1.5 billion revolving credit facility. It faces

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