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Stock Market & Financial Investment News

News Breaks
March 24, 2014
10:22 EDTSPGSimon Property names more executives for Washington Prime spinoff
Simon announced that the following individuals will join Washington Prime Group's management team once the spin-off is completed: Myles Minton will become COO. Minton previously served as President of the Community Center business for Simon since 2007. Robert P. Demchak will be joining as General Counsel and Corporate Secretary. Michael J. Gaffney will hold the position of SVP, Head of Capital Markets. The spin-off transaction is subject to certain conditions, including, among others, declaration by the Securities and Exchange Commission that Washington Prime Group's registration statement is effective, filing and approval of Washington Prime Group's listing application, customary third party consents, and formal approval and declaration of the distribution by Simon's Board of Directors. Simon may, at any time and for any reason until the proposed spin-off transaction has been consummated, abandon the separation, modify or otherwise change its terms.
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August 26, 2014
09:50 EDTSPGOn The Fly: Analyst Downgrade Summary
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06:17 EDTSPGSimon Property downgraded to Market Perform from Outperform at BMO Capital
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