Log in to your IBTimes Account

close
ID
Password

Closing Glance: REITs mixed, consumer sentiment reading dips



By AP
25 April 2008 @ 04:19 pm EST

NEW YORK - Shares of real estate investment trusts closed mixed Friday after a consumer sentiment reading fell to its lowest level in more than 25 years and consumers awaited tax rebate checks.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
VNO 78.23 10.23
BXP 76.18 9.63
KIM 29.78 4.35
HST 9.28 1.43

SYMBOL LOOKUP

The Reuters/University of Michigan consumer sentiment index dropped to 62.6 for April from 69.5 a month earlier. It was the lowest reading since the early 1980s as Americans contended with rising energy and food prices.

Here's how some REITs performed:

Host Hotels & Resorts added 24 cents to $17.29.

Vornado Realty Trust shed 27 cents to $94.76.

Boston Properties Inc. rose 22 cents to $103.28.

Kimco Realty Corp. gained 72 cents to $42.09.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Politics & Policy
<i>Neel Kashkari, the Interim Assistant Secretary for Financial Stability who is heading the $700 billion rescue of the financial system, said gove...
Ukraine's central bank on Monday limited some bank loans and restricted withdrawals from retail accounts as the government tried to stem growing doubts a...
Nine people are at a hospital after a car struck a school bus in Lafayette, La. and caught fire. The bus was carrying 15 elementary students on Monday wh...

Advertisement
Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives