Posts for Ticker ‘AMB’

Commercial Real Estate Woes Back in Focus (JPM, BXP, LRY, OFC, SPG, PLD, DLR, AMB, CBG)

Burning Money PicThis morning’s earnings call from J.P. Morgan Chase & Co. (NYSE: JPM) echoes some of our concern of what is coming in the next wave of real estate problems which could cause the next wave of economic problems.  Commercial real estate.  This forecast by Jamie Dimon, along with profit taking in a down-market morning, is acting to hit large-scale commercial property stocks in REITs and in operating companies.  These are not the only stocks by any means in these sectors, but our go-to universe includes Boston Properties Inc. (NYSE: BXP), Liberty Property Trust (NYSE: LRY), Corporate Office Properties Trust Inc. (NYSE: OFC), Simon Property Group Inc. (NYSE: SPG), ProLogis (NYSE: PLD), Digital Realty Trust Inc. (NYSE: DLR), AMB Property Corp. (NYSE: AMB), and CB Richard Ellis Group, Inc. (NYSE: CBG).  All of these are getting hit this morning.  We have provided some detailed information, brief technical analysis, and charts for each below.
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Posted on: July 16, 2009 – 10:02 am in Banking, Business Services, REIT, , , , , , , , ,

Top Pre-Market Analyst Downgrades (ADBE, AMB, BLKB, KO, EMCI, HSII, KFN, OMTR, PLD, VAR, VMW, VMC)

Down_arrow_redThese are some of the top downgrades we have seen this Monday morning with about 2 hours until the open:

  • Adobe Systems (ADBE) Cut to Market Perform at FBR.
  • AMB Property (AMB) Cut to Sell at Goldman Sachs.
  • Blackbaud (BLKB) Cut to Market Perform at Wachovia.
  • Coca-Cola (KO) Cut to Hold at Deutsche Bank.
  • EMC Insurance (EMCI) Cut to Underperform at KBW.
  • Heidrick & Struggles (HSII) Cut to Underperform at Baird.
  • KKR Financial (KFN) Cut to Neutral at JPMorgan.
  • Omniture (OMTR) Cut to Market Perform at FBR.
  • ProLogis (PLD) Cut to Sell at Goldman Sachs.
  • Varian Medical (VAR) Cut to Neutral at JPMorgan.
  • VMware (VMW) Cut to Market Perform at Wachovia.
  • Vulcan Materials (VMC) Cut to Sell at Goldman Sachs.

Jon C. Ogg
October 6, 2008

Posted on: October 6, 2008 – 6:36 am in Analyst Calls, , , , , , , , , , , ,

Pre-Market Analyst Calls (October 2, 2007)

ACAD started as Hold at Citigroup.
ALB raised to Neutral at Goldman Sachs.
AMB raised to Buy at B of A.
APD cut to Neutral at Goldman Sachs.
BAC started as Buy at Goldman Sachs.
BDN cut to Neutral at B of A.
BIIB cut to Underperform at Credit Suisse.
BRLC cut to Neutral at R.W.Baird.
CBS cut to Hold at Deutsche Bank.
CNH cut to Neutral at Goldman Sachs.
CYPB started as Outperform at FBR.
ELN started as Underperform at FBR.
FRX raised to Hold at Citigroup.
MDCO raised to Buy at UBS.
MON removed from Goldman Sachs Conviction Buy List.
MPG cut to Sell at B of A.
NOK cut to Mkt Perform at JMP Securities.
NVT raised to Hold at Deutsche Bank (ooops); cut to Neutral at UBS.
ONXX cut to Peer Perform at at Bear Stearns.
PDLI raised to Outperform at Wachovia.
PLD raised to Buy at B of A.
RATE cut to Neutral at Merriman Curhan Ford.
SLG cut to Neutral at B of A.
STEI started as Buy at B of A.
UBS raised to Neutral at JPMorgan.
VAL cut to Sell at Goldman Sachs.
WAG cut to Neutral at Goldman Sachs (late Monday call); cut to Neutral at Merrill Lynch.

Jon C. Ogg
October 2, 2007

Posted on: October 2, 2007 – 6:42 am in Analyst Calls, , , , , , , , , , , , , , , , ,