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CBL & Associates Properties Inc (CBL.N)

CBL.N on New York Stock Exchange

5.54USD
12 Dec 2017
Change (% chg)

$0.04 (+0.73%)
Prev Close
$5.50
Open
$5.56
Day's High
$5.59
Day's Low
$5.43
Volume
871,943
Avg. Vol
988,576
52-wk High
$12.34
52-wk Low
$5.31

Latest Key Developments (Source: Significant Developments)

CBL & Associates Properties reports Q3 adjusted FFO per share of $0.50
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Cbl & Associates Properties Inc ::CBL Properties reports results for third quarter 2017.Q3 adjusted FFO per share $0.50.Sees FY 2017 adjusted FFO per share $2.08 to $2.12.Total portfolio same-center NOI declined 2.6 percent for Q3 2017​.Q3 FFO per share view $0.54 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $2.17 -- Thomson Reuters I/B/E/S.  Full Article

CBL & Associates Properties Q2 adj. FFO per share $0.59
Friday, 29 Jul 2016 

Cbl & Associates Properties : Fy2016 FFO per share view $2.36 -- Thomson Reuters I/B/E/S . Reports Outstanding Second Quarter 2016 Results And Increases Full-Year guidance . Q2 adjusted FFO per share $0.59 . Sees FY 2016 adjusted FFO per share $2.36 to $2.40 .Center NOI growth to a range of 1.5% - 2.5% in 2016.  Full Article

CBL & Associates Properties updates on financial allegations
Monday, 13 Jun 2016 

Cbl & Associates Properties Inc : Learned that SEC conducting an investigation limited to four specific non-recourse secured loans originated in 2011 and 2012 . Review to ensure information given to lenders on lease status reports, revenues, expected revenues, did not materially vary from co's financial statements . Ernst & young has been engaged to conduct a "swift and thorough" investigation .Cbl & associates properties, inc. Provides update on recent financial allegations and anticipates near term resolution.  Full Article

Fitch Downgrades CBL to 'BB+'; Outlook Negative

(The following statement was released by the rating agency) NEW YORK, November 09 (Fitch) Fitch Ratings has downgraded the ratings of CBL & Associates Properties, Inc. (NYSE: CBL) and its operating partnership, CBL & Associates Limited Partnership, including the Long-Term Issuer Default Rating (IDR) to 'BB+' from 'BBB-'. The Rating Outlook is Negative. A full list of rating actions follows at the end of this release. Fitch's rating action is based on CBL facing portfolio-level operational stress