Key Developments: Rouse Properties Inc (RSE)
19.77USD
19 Jun 2013
$-0.18 (-0.90%)
$19.95
$20.02
$20.02
$19.65
185,568
180,242
$22.56
$12.77
Latest Key Developments (Source: Significant Developments)
Rouse Properties Inc Reaffirms FY 2013 FFO Guidance
Rouse Properties Inc reaffirmed fiscal 2013 guidance and expects core funds from operations (FFO) in the range of $1.49 to $1.55 per diluted share. Full Article
Rouse Properties Inc Declares Stock Dividend
Rouse Properties Inc the Board of Directors declared a common stock dividend of $0.13 per share payable on July 31, 2013 to stockholders of record on July 15, 2013. Full Article
Rouse Properties Inc Announces Beverage Marketing Partnership with PepsiCo
Rouse Properties Inc announced it has entered into a multi-year marketing partnership with PepsiCo to become its exclusive vended beverage partner at 29 mall locations. Under the agreement, PepsiCo will provide each mall with a wide range of soft drinks, bottled water, sports drinks, teas, juices and other beverages - including brands such as Pepsi, Mountain Dew, Gatorade, Lipton Iced Teas and Aquafina. The mutually beneficial partnership should result in increased ancillary revenue for Rouse with Pepsi vending machines strategically located throughout 29 of its mall locations. Furthermore, Rouse and PepsiCo have agreed to engage in joint marketing programs aimed at promoting both brands, increasing mall traffic and encouraging consumer engagement. Planned events could include raffles, prize giveaways, product tasting and in mall entertainment. Full Article
Rouse Properties Inc Issues FY 2013 FFO Guidance
Rouse Properties Inc announced that for fiscal 2013, it expects Core FFO in the range of $1.49 to $1.55 per diluted share. Full Article
Rouse Properties Inc Completes Acquisition Of Mall At Turtle Creek
Rouse Properties Inc announced that it closed on the acquisition of the Mall at Turtle Creek and an adjacent shopping center, Turtle Creek Crossing, from a private partnership led by David Hocker, for a total purchase price of approximately $96.3 million, excluding transaction costs. Full Article
Rouse Properties Inc Appoints New Chairman-Form 8-K
Rouse Properties Inc reported in its Form 8-K that on November 1, 2012, the Board of Directors (Board) of Rouse Properties, Inc., a Delaware corporation (Company), increased the size of the Board from eight to nine directors, and elected Richard Clark and Michael Hegarty as new members of the Board, effective immediately. Mr. Clark was also appointed to serve as Chairman of the Board in place of Jeffrey Blidner, who will continue to serve as a member of the Board. Full Article
Rouse Properties Inc Raises Low End Of Prior FY 2012 FFO Guidance
Rouse Properties Inc announced that for fiscal 2012, it expects Core funds from Operation (FFO) per share to a range of $1.16 to $1.23 per normalized share, from a prior range of $1.12 to $1.23 per normalized share. Full Article
Rouse Properties Inc Declares Common Stock Dividend
Rouse Properties Inc announced the Board of Directors declared a common stock dividend of $0.07 per share payable on January 30, 2013 to stockholders of record on January 16, 2013. The Company's objective is to grow the dividend over time and the Board will continue to evaluate the dividend policy as the Company's repositioning plan takes effect. Full Article
Rouse Properties Inc Appoints John A. Wain Chief Financial Officer
Rouse Properties Inc announced that John A. Wain has been named Chief Financial Officer and that Timothy Salvemini has been promoted to Chief Accounting Officer. Mr. Wain was formerly a Managing Director and the Head of Real Estate Americas at Credit Agricole Corporate. Full Article
Rouse Properties Inc Issues FY 2012 FFO Guidance
Rouse Properties Inc announced that for fiscal 2012, it expects diluted net (loss) per share to be in the range of $(1.48) to $(1.37) and expects diluted Core FFO per share to be in the range of $1.12 to $1.23 per normalized share. Full Article
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