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Mack-Cali Realty Corp (CLI.N)

CLI.N on New York Stock Exchange

13.60USD
18 Sep 2020
Change (% chg)

$-0.67 (-4.70%)
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Open
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Volume
11,315,314
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406,772
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$23.88
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$12.26

Latest Key Developments (Source: Significant Developments)

Mack-Cali Appoints Maryanne Gilmartin Board Chair
Monday, 15 Jun 2020 

June 15 (Reuters) - Mack-Cali Realty Corp ::MACK-CALI APPOINTS MARYANNE GILMARTIN BOARD CHAIR.MACK-CALI REALTY CORP - MARYANNE GILMARTIN HAS BEEN ELECTED CHAIR OF BOARD OF DIRECTORS , EFFECTIVE IMMEDIATELY.  Full Article

Mack-Cali Modifies Slate Of Director Nominees In Response To Shareholder Feedback
Friday, 5 Jun 2020 

June 5 (Reuters) - Mack-Cali Realty Corp ::MACK-CALI MODIFIES SLATE OF DIRECTOR NOMINEES IN RESPONSE TO SHAREHOLDER FEEDBACK.COMPANY'S SLATE NOW INCLUDES EIGHT NOMINEES, ONLY THREE OF WHOM HAVE PREVIOUSLY SERVED ON MACK-CALI BOARD.CURRENT MACK-CALI BOARD CHAIR, GOVERNANCE COMMITTEE CHAIR AND AUDIT COMMITTEE CHAIR ARE NOT STANDING FOR ELECTION.CEO, MICHAEL J. DEMARCO, ALAN S. BERNIKOW, & IRVIN D. REID, EACH AN INCUMBENT MACK-CALI DIRECTOR, WILL NOT SEEK REELECTION.ALL OF MACK-CALI'S EIGHT NOMINEES ARE INDEPENDENT OF COMPANY'S MANAGEMENT, DIRECTORS AND MACK FAMILY.  Full Article

Mack-Cali Realty Says To Withdraw Guidance For FY2020 EPS And FFO
Thursday, 7 May 2020 

May 6 (Reuters) - Mack-Cali Realty Corp ::MACK-CALI REALTY CORP - TO WITHDRAW ITS GUIDANCE FOR FULL YEAR 2020 EPS AND FFO..MACK-CALI REALTY CORP - QTRLY LOSS PER SHARE $0.47.MACK-CALI REALTY CORP - QTRLY CORE FUNDS FROM OPERATIONS PER DILUTED SHARE OF $0.33.MACK-CALI REALTY CORP - QTRLY TOTAL REVENUES $82.1 MILLION VERSUS $90.3 MILLION.  Full Article

Bow Street Issued An Open Letter To Mack-Cali Shareholders
Thursday, 12 Mar 2020 

March 12 (Reuters) - Mack-Cali Realty Corp ::BOW STREET LLC - ISSUED AN OPEN LETTER TO MACK-CALI SHAREHOLDERS.BOW STREET LLC - CALLING FOR REMOVAL OF CEO MICHAEL DEMARCO AND ELECTION OF FOUR ADDITIONAL NEW DIRECTORS TO BOARD OF MACK-CALI.BOW STREET LLC - ADDITIONALLY RE-NOMINATING FOUR, INDEPENDENT DIRECTORS SHAREHOLDERS ELECTED AT 2019 ANNUAL MEETING OF MACK-CALI.BOW STREET LLC - NOMINATING TAMMY JONES, AKIVA KATZ, MAHBOD NIA, AND HOWARD STERN TO MACK-CALI'S BOARD.  Full Article

Mack-Cali Realty Corporation Reports Qtrly Core FFo $0.44 Per Share
Thursday, 27 Feb 2020 

Feb 26 (Reuters) - Mack-Cali Realty Corp ::ORATION REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.QTRLY CORE FFO $0.44 PER SHARE.Q4 EARNINGS PER SHARE VIEW $-0.11 -- REFINITIV IBES DATA.Q4 FFO PER SHARE VIEW $0.42 -- REFINITIV IBES DATA.QTRLY LOSS PER SHARE OF $0.64.MACK-CALI REALTY - Q4 SAME-STORE GAAP REVENUES FOR OFFICE PORTFOLIO UP BY 2.5% WHILE SAME-STORE GAAP NOI INCREASED BY 6.0% FROM SAME PERIOD IN 2018.CO IS PRESENTING INITIAL CORE FFO GUIDANCE OF $1.24 - $1.36 PER DILUTED SHARE FOR FULL YEAR 2020.Q4 REVENUE VIEW $137.6 MILLION -- REFINITIV IBES DATA.QTRLY TOTAL REVENUES $86.7 MILLION VERSUS $90.3 MILLION.Q4 REVENUE VIEW $137.6 MILLION -- REFINITIV IBES DATA.FY2019 FFO PER SHARE VIEW $1.60 -- REFINITIV IBES DATA.  Full Article

Mack-Cali Realty Posts Quarterly Loss Per Share Of $0.64
Thursday, 27 Feb 2020 

Feb 26 (Reuters) - Mack-Cali Realty Corp ::QTRLY LOSS PER SHARE $0.64.QTRLY TOTAL REVENUES $86.7 MILLION VERSUS $90.2 MILLION.QTRLY FFO $0.12 PER SHARE.QTRLY CORE FFO $0.44 PER SHARE.SEES 2020 CORE FFO $1.24 - $1.36 PER DILUTED SHARE.Q4 EARNINGS PER SHARE VIEW $-0.11, REVENUE VIEW $137.6 MILLION -- REFINITIV IBES DATA.Q4 FFO PER SHARE VIEW $0.42 -- REFINITIV IBES DATA.FY2020 FFO PER SHARE VIEW $1.44 -- REFINITIV IBES DATA.  Full Article

Mack-Cali Says Necessary To Conduct Review Of Strategic Alternatives
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Mack-Cali Realty Corp ::MACK-CALI REITERATES AND CLARIFIES PLAN TO FORM A COMMITTEE OF INDEPENDENT DIRECTORS TO REVIEW STRATEGIC DIRECTION.MACK-CALI REALTY CORP - CONFIRMS INTENT TO ADD TWO OF BOW STREET'S NOMINEES TO MACK-CALI BOARD IMMEDIATELY AFTER ANNUAL MEETING.MACK-CALI REALTY CORP - URGES STOCKHOLDERS TO VOTE "FOR ALL" OF COMPANY'S DIRECTOR NOMINEES ON WHITE PROXY CARD.MACK-CALI REALTY CORP - DEEMS NECESSARY TO CONDUCT A COMPREHENSIVE REVIEW OF STRATEGIC ALTERNATIVES.MACK-CALI REALTY - BOARD EXPECTS TO FORM COMMITTEE IMMEDIATELY FOLLOWING UPCOMING ANNUAL MEETING OF STOCKHOLDERS SCHEDULED FOR JUNE 12, 2019.MACK-CALI REALTY - CLARIFIED DATA ABOUT COMMITTEE'S COMPOSITION AND MANDATE CONTAINED IN PUBLIC STATEMENTS MADE BY BOW STREET SPECIAL OPPORTUNITIES.MACK-CALI REALTY CORP - STRATEGIC REVIEW COMMITTEE WILL CONSIST OF FOUR INDEPENDENT DIRECTORS.  Full Article

Bow Street Calls On Mack-Cali To Define Mandate Of Strategic Review Committee By June 3
Friday, 31 May 2019 

May 31 (Reuters) - Bow Street LLC::BOW STREET CALLS ON MACK-CALI TO DEFINE MANDATE OF STRATEGIC REVIEW COMMITTEE BY JUNE 3.BOW STREET-SENDS OPEN LETTER TO MACK-CALI SHAREHOLDERS OUTLINING REQUIREMENTS TO ENSURE STRATEGIC REVIEW COMMITTEE'S SUCCESS.BOW STREET - URGES MACK-CALI SHAREHOLDERS TO VOTE GOLD PROXY CARD FOR ELECTION OF BOW STREET'S FOUR DIRECTOR NOMINEES.BOW STREET - URGE MACK-CALI REALTY TO PUBLICLY COMMIT TO APPOINT BOTH OF BOW STREET'S INDEPENDENT DIRECTOR NOMINEES.  Full Article

Mack-Cali Realty Q1 FFO Per Share $0.39
Thursday, 2 May 2019 

May 1 (Reuters) - Mack-Cali Realty Corp ::Q1 FFO PER SHARE $0.39.Q1 CORE FFO PER SHARE $0.40.QTRLY SAME-STORE GAAP NOI FELL BY 7.5 PERCENT.REAFFIRMS ITS PROJECTED NET INCOME AND CORE FFO PER DILUTED SHARE GUIDANCE FOR FULL YEAR 2019.Q1 FFO PER SHARE VIEW $0.41 -- REFINITIV IBES DATA.FY2019 FFO PER SHARE VIEW $1.65 -- REFINITIV IBES DATA.  Full Article

Mack-Cali Realty Corp Announces $70.25 Mln Sale Of Elmsford Distribution Center
Friday, 4 Jan 2019 

Jan 3 (Reuters) - Mack-Cali Realty Corp ::MACK-CALI REALTY CORPORATION ANNOUNCES $70.25-MILLION SALE OF ELMSFORD DISTRIBUTION CENTER.  Full Article

Hedge fund Bow Street close to winning control of board at Mack-Cali, sources say

BOSTON Bow Street LLC is close to having eight directors elected to the board of Mack-Cali Realty Corp , which would give the hedge fund control of the real estate investment trust's board, sources familiar with the matter said on Tuesday.