« The Juice List: The readers have spoken with their own choices | Main | The Carlton Avenue Bridge closure will be at least three years (until January 2011), and likely much longer »
August 25, 2009
Forest City in the News
SmarTrend, Forest City Enterprises (FCE.A) Bullish Technical Alert - Trend Up 21.6%
Forest City Enterprises (NYSE:FCE.A) is trading 2.6% higher (up $0.21 to $8.20) today on volume of 185,517 shares. The stock has traded within a 52-week range of $3.26 and $40.49.
Forest City Enterprises is currently above its 50-day moving average of $6.61 and above its 200-day moving average of $6.46.
Yonkers Tribune, President Lesnick, Behind Closed Doors, Ridge Hill, SFC Yonkers, Councilmember Gronowski By Hezi Aris
Delays at Bruce Ratner's Ridge Hill development might be a cautionary tale for political leaders in Yonkers who are counting on the next megadevelopment deal to save their city... or not:
In light of the Journal News article divulging the non-paying, and now delayed 2011 completion date for the Forest City Ratner Ridge Hill development, one must wonder how Yonkers will survive the fiscal hemorrhaging it is undergoing, especially because there is no prospect for additional funding to relieve the exhausted, taxpaying homeowner for the next three to five years forward.
Posted by lumi at August 25, 2009 5:41 AM