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May 21, 2008
Forest City in the News
Amherst Bee, Boulevard Mall appoints new general manager
Simi Khalsa has been named general manager of the Boulevard Mall. Khalsa was formerly the assistant general manager at Southbay Galleria, located in Redondo Beach, Calif. Prior to joining Forest City Commercial Management, the mall's parent company, she worked for the L.Y.F. Foundation....
GuruFocus.com, Michael Price Buys...
Billionaire investor Michael Price buys stock in out-of-favor small cap companies that are of good values. He is the mentor of David Winters, who also achieved outstanding performances. Michael Price owns 105 stocks with a total value of $563.4 billion. These are the details of the buys and sells.
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New Purchase: Forest City Enterprises Inc. (FCE-A)Michael Price initiated holdings in Forest City Enterprises Inc.. His purchase prices were between $35.15 and $41.53, with an estimated average price of $37.2. The impact to his portfolio due to this purchase was 0.12%. His holdings were 17,800 shares as of 03/31/2008.
Forest City Enterprises, Inc. owns, develops, manages, and acquires commercial and residential real estate properties in the United States. Its Commercial Group owns, develops, and operates regional malls, specialty/urban retail centers, Forest City Enterprises Inc. has a market cap of $4.16 billion; its shares were traded at around $41.6 with a P/E ratio of 80.06 and P/S ratio of 3.31. The dividend yield of Forest City Enterprises Inc. stocks is 0.6%.
Posted by lumi at May 21, 2008 4:12 AM