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Stock Market & Financial Investment News

News Breaks
March 10, 2014
08:25 EDTHHCHoward Hughes price target raised to $165 from $140 at JMP Securities
JMP Securities increased its price target on Howard Hughes after reviewing the company's recently released 10K filing, citing stronger than expected property level metrics and a lower cap rate assumption. The firm keeps an Outperform rating on the shares.
News For HHC From The Last 14 Days
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March 2, 2015
08:42 EDTHHCHoward Hughes reports Q4 adjusted EPS 51c, two estimates 19c
Reports Q4 revenue $207.1M, one estimate $113.5M. EPS excludes $78.6M non-cash warrant gain and $68.5M net non-cash loss relating to the tax indemnity receivable and settlement. MPC land sales increased by $17.6M, or 22.4%, to $96.3M. NOI from income-producing operating assets, exclusive of properties undergoing redevelopment and properties sold, increased $3.3M, or 20%, to $19.8M.

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