International Business News - Trust http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Northern Trust Corp. said Monday it received $1.58 billion in capital as part of the government's $700 billion bank rescue package. The government investment, administered by the U.S. Treasury Department, is part of a broader program to invest in banks amid the ongoing credit crisis in an effort to stabilize the financial services sector and spur lending between banks and to consumers and other businesses. http://www.ibtimes.com/articles/20081117/northern-trust-gets-1-58b-from-government-plan.htm Mon, 17 Nov 2008 08:43:51 EST Shares of Hospitality Properties Trust surged on Tuesday after the hotel real estate investment trust reported that its third-quarter results beat Wall Street's expectations. http://www.ibtimes.com/articles/20081111/hospitality-properties-trusts-shares-surge.htm Tue, 11 Nov 2008 14:59:48 EST Shares of self-storage facility owner U-Store-It Trust rose Friday after the company reported third-quarter results that slightly beat Wall Street estimates. http://www.ibtimes.com/articles/20081107/shares-of-u-store-it-rise-after-beating-estimates.htm Fri, 07 Nov 2008 13:24:24 EST Regional bank Community Trust Bancorp Inc. said Friday its board increased its quarterly dividend by a penny, or 3.4 percent, to 30 cents. The dividend will be paid Jan. 1, 2009, to shareholders of record Dec. 15. http://www.ibtimes.com/articles/20081107/community-trust-bancorp-lifts-dividend-to-30-cents.htm Fri, 07 Nov 2008 12:28:31 EST Digital Realty Trust Inc. said Wednesday its third-quarter results rose 23 percent as demand for its corporate data centers remained robust despite the broader economic slowdown. http://www.ibtimes.com/articles/20081105/digital-realty-3q-ffo-rises-23-percent.htm Wed, 05 Nov 2008 13:47:04 EST Real estate investment trust Vornado Realty Trust said Tuesday that its third-quarter funds from operations declined partly due to a smaller gain from real estate sales, but adjusted results managed to surpass Wall Street's expectations. http://www.ibtimes.com/articles/20081104/vornado-realty-trust-3rd-quarter-ffo-declines.htm Tue, 04 Nov 2008 12:19:23 EST Medical Properties Trust Inc., a real estate investment trust, said it had secured a $3 million increase in the value of property housing the 246-bed Shasta Regional Medical Center in Redding, Calif. http://www.ibtimes.com/articles/20081103/medical-properties-gains-3-million-in-new-lease.htm Mon, 03 Nov 2008 20:22:41 EST First Industrial Realty Trust Inc. on Thursday lowered its 2008 outlook for the second time in a month, on expectations for a more difficult leasing environment. http://www.ibtimes.com/articles/20081030/first-industrial-realty-lowers-full-year-outlook.htm Thu, 30 Oct 2008 14:10:47 EDT First Industrial Realty Trust Inc. said late Wednesday that the board has cut its fourth-quarter dividend by 65 percent to 25 cents. The dividend is payable on Jan. 21, 2009, to shareholders of record as of Dec. 31. http://www.ibtimes.com/articles/20081030/first-industrial-realty-cuts-4q-dividend.htm Thu, 30 Oct 2008 13:36:32 EDT Northern Trust Co. said Thursday it lowered its prime lending rate to 4 percent from 4.5 percent. The Chicago-based bank cut in the prime rate matches the 0.5 percent rate cut the Federal Reserve Board announced Wednesday. The prime rate usually moves in lockstep with the fed funds rate, which is now 1 percent. http://www.ibtimes.com/articles/20081030/northern-trust-cuts-prime-lending-rate.htm Thu, 30 Oct 2008 12:18:32 EDT BioMed Realty Trust Inc. said it expects 2009 funds from operations to come in below Wall Street's estimates and lowered its 2008 outlook. The real estate investment trust late Wednesday forecast 2009 FFO in a range of $1.60 and $1.80 per share. http://www.ibtimes.com/articles/20081030/biomed-expects-2009-ffo-below-analysts-estimates.htm Thu, 30 Oct 2008 11:43:23 EDT BioMed Realty Trust Inc. said its third-quarter funds from operations improved on increased rental revenue and tenant recoveries. The company also provided a 2009 forecast that was well below analysts' estimates. http://www.ibtimes.com/articles/20081030/biomed-realty-trust-3rd-quarter-ffo-rises.htm Thu, 30 Oct 2008 11:21:40 EDT Foes of ballot measures that would cut North Dakota's income tax and establish a savings account for oil tax collections have donated almost $556,000 to defeat them, campaign disclosure reports show. http://www.ibtimes.com/articles/20081028/foes-of-nd-tax-oil-measures-have-556k-for-fight.htm Tue, 28 Oct 2008 08:10:30 EDT Northern Trust Corp. said Monday it is set to receive $1.5 billion from the Treasury Department as part of the federal government's financial rescue plan. http://www.ibtimes.com/articles/20081027/northern-trust-set-to-get-1-5-billion-investment.htm Mon, 27 Oct 2008 12:34:44 EDT Northern Trust Corp. on Wednesday reported it swung to a third-quarter loss after taking charges to boost its balance sheet to better shield the bank against credit woes. http://www.ibtimes.com/articles/20081022/northern-trust-swings-to-3q-loss.htm Wed, 22 Oct 2008 17:42:58 EDT Wilmington Trust Corp. on Friday said its board declared a regular quarterly dividend of 34.5 cents per share. The operator of a regional bank, wealth advisory and corporate client services said the dividend is payable Nov. 17 to shareholders of record as of Nov. 3. http://www.ibtimes.com/articles/20081017/wilmington-trust-declares-dividend-of-34-5-cents.htm Fri, 17 Oct 2008 10:29:03 EDT Wilmington Trust Corp. said Friday its third-quarter profit dropped by 50 percent on a previously disclosed write-down of the value of its preferred shares in Fannie Mae and Freddie Mac. http://www.ibtimes.com/articles/20081017/wilmington-trust-3q-profit-drops-by-half.htm Fri, 17 Oct 2008 10:25:24 EDT Even before semiconductor maker Micron Technology Inc. said Thursday it would cut another 1,500 workers in Idaho, the state projected its unemployment insurance trust fund will be drained by half--to $120 million--by March 2010 as the economy slows. http://www.ibtimes.com/articles/20081010/micron-cuts-could-shrink-idaho-unemployment-trust.htm Fri, 10 Oct 2008 10:47:32 EDT Northern Trust Co. said Thursday it lowered its prime lending rate to 4.5 percent from 5 percent. The cut in the prime rate matches the 0.5 percent rate cut the Federal Reserve Board announced Wednesday. The prime rate usually moves in lockstep with the fed funds rate, which is now 1.5 percent. http://www.ibtimes.com/articles/20081009/northern-trust-cuts-prime-rate-to-4-5-percent.htm Thu, 09 Oct 2008 10:11:45 EDT Education Realty Trust Inc. announced its board declared a regular quarterly dividend of 20.5 cents. The student housing real estate investment trust said the dividend is payable Nov. 17 to shareholders of record Oct. 31. http://www.ibtimes.com/articles/20081008/education-realty-trust-sets-20-5-cent-dividend.htm Wed, 08 Oct 2008 10:51:35 EDT