|Last Price$14.22||Day Change (%)-0.14%|
|Open Price$14.22||Day Change ($)-0.02|
|Day Range14.22–14.22||52-Week Range12.28–14.29|
As of Thu 12/01/2016 | USD
Long in the tooth, the current real estate cycle keeps going.
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We are leaving our fair value estimate unchanged at $35 per share after reviewing Taubman's TCO strong third-quarter results. The company earned $416 million in the first nine months of 2006, which is 21% ahead of the same period last year. The increase in revenue was driven by growth in base ...
Absent a potential takeout, prolonged price competition and low returns on capital will depress investment returns.