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Taubman Centers (TCO) Stock News

NYSE:TCO - New York Stock Exchange, Inc. -

42.99  +0.04 (+0.09%)

Premarket: 43 +0.01 (+0.02%)

TCO Latest News, Press Relases and Analysis

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4 years ago - Bloomberg

Mall Giant Simon Property Boosts 2021 Outlook Amid Retail Growth

Mall owner Simon Property Group Inc. increased its full-year earnings guidance as retail sales and shopper traffic pick up across the U.S.

Mentions: SPG

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4 years ago - Zacks Investment Research

Simon (SPG) Nears Taubman Centers Merger With Shareholders' Nod

Simon Property Group (SPG) cruises to close the merger of Taubman Centers, Inc (TCO) with the latter's shareholder approval and the transaction is expected to close in late 2020 or by early 2021.

Mentions: KIM MAC SPG

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4 years ago - Zacks Investment Research

Taubman (TCO) Up 16.5% Since Last Earnings Report: Can It Continue?

Taubman (TCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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4 years ago - CNBC

Here's why these 7 U.S. mall owners, including Simon, are in trouble, S&P warns

As winter looms during the global health crisis, seven of America's mall owners face troubling days ahead, according to a new report from S&P Global.

Mentions: CBL PEI SPG BPR ...

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4 years ago - The Motley Fool

Simon Property Group's Latest Move Could Pay Off in the Long Run

It might seem like a silly move to spend billions on mall properties, but in this case it could be a smart idea.

Mentions: SPG

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4 years ago - The Motley Fool

2 Stocks Our Experts Are Watching

Here are two stocks that could have lots of upside potential.

Mentions: SPG TGT

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4 years ago - Zacks Investment Research

Kimco (KIM) Raises Dividend to 16 Cents for Fourth Quarter

Kimco's (KIM) latest dividend of 16 cents reflects a hike of 60% from the prior payment, and the company expects to establish a more normalized and well-covered dividend level next year.

Mentions: KIM MAC SPG

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4 years ago - Barron's

The Mall Isn’t Dead. Why It’s Time to Go Shopping for Simon Property Stock.

Simon Property is using its financial strength to buy other mall operators like Taubman Centers and tenants like bankrupt apparel retailers Brooks Brothers and Lucky Brand.

Mentions: SPG AAPL BPY

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4 years ago - Zacks Investment Research

Simon Property (SPG) Taps Equity Market to Finance Taubman Deal

Despite retail bankruptcies, store closures and rent-collection woes continuing to affect Simon Property (SPG), strategic capital raises for growth endeavors augur well for long-term growth.

Mentions: KIM MAC SPG

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4 years ago - Benzinga

80 Biggest Movers From Yesterday

Gainers Alterity Therapeutics Limited (NASDAQ: ATHE) shares jumped 146.1% to close at $2.83 on Monday as the company announced approval of US Patent for next generation compounds...

Mentions: ARMP RAPT ACU HPR ...

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4 years ago - Benzinga

Piper Sandler Upgrades Taubman On Merger Agreement

Following long negotiations, Taubman Centers, Inc. (NYSE: TCO) announced it has agreed to a merger with Simon Property Group Inc (NYSE: SPG) for $43 per share. Shareholders...

Mentions: SPG

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4 years ago - Barron's

Simon Property, Taubman Agree to Revise Merger Deal. The Stocks Soared.

Mall owners Simon Property and Taubman settled a lawsuit that had been headed to court this week over the disputed deal, which ran afoul because of pandemic-related business shutdowns.

Mentions: SPG

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4 years ago - Bloomberg

Mall Investors See Reason for Hope With Simon Deal, Vaccine News

There’s finally some good news for U.S. mall owners, whose shares have taken a beating during the Covid-19 pandemic.

Mentions: SPG BPY-U.CA MAC

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4 years ago - Zacks Investment Research

Simon Property (SPG), Taubman Centers (TCO) Lower Merger Price

Simon Property (SPG) will now pay $43 per share in cash, down 18% from the previously-agreed price of $52.50 in February to purchase an 80% stake in Taubman Centers (TCO).

Mentions: SPG EXR PINE

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4 years ago - InvestorPlace

Simon Property Group News: Why SPG Stock Is Surging 8% Today

Simon Property Group (SPG) news for Monday concerning an update to its deal with Taubman Centers (TCO) has SPG stock soaring higher.

Mentions: SPG

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4 years ago - CNBC

What to watch today: Dow set to jump on more promising Covid-19 vaccine data

Dow futures soared Monday after Moderna said that preliminary trial data showed its coronavirus vaccine was more than 94% effective.

Mentions: PFE MRNA BNTX WMT ...

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4 years ago - Zacks Investment Research

Taubman Centers (TCO) Catches Eye: Stock Jumps 5.5%

Taubman Centers (TCO) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Mentions: CATC

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4 years ago - CNBC

Stocks making the biggest moves in the premarket: Moderna, Casper Sleep, Uber, Tapestry & more

The stocks making the biggest moves in premarket trading include Moderna, Casper Sleep, Uber, Tapestry, and more.

Mentions: UBER MRNA CSPR PANW ...

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4 years ago - CNBC

Mall owners Simon and Taubman revise merger terms, with $800 million price cut

Under the new deal, Simon Property Group will now pay $43 per share for Taubman Centers, down from an original price of $52.50.

Mentions: SPG

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4 years ago - Bloomberg

Simon Property, Taubman Resolve Takeover Spat With Lower Price

Simon Property Group Inc. has reached a deal to buy rival mall owner Taubman Centers Inc. at a lower price than the companies agreed to in February.

Mentions: SPG