Forest City Enterprises, Inc.
News and overview for Forest City Enterprises, Inc.
Forest City reaches deal for $500 million credit facility
Plain Dealer (Cleveland), The | 3 days 16 hours 54 minutes ago
Forest City Enterprises Inc. has reached an agreement with lenders to establish a new $500 million revolving credit facility, which will replace the company's current $750 million credit line.
Forest City refinances office buildings in Mass.
Monterey County Herald (Calif.), The | 24 days 12 hours 9 minutes ago
CLEVELANDReal estate company Forest City Enterprises Inc. said Thursday that it closed on a $90 million refinancing for twin office buildings in its University Park in Cambridge, Mass.
Fitch Rates Las Vegas, Nevada's $179MM COPs 'AA-'; Affirms Outstanding LTGOs; Outlook Negative
CNBC | 11 days 8 hours 52 minutes ago
SAN FRANCISCO, Nov 11, 2009 (BUSINESS WIRE) -- Fitch Ratings assigns an 'AA-' rating to the $179 million City of Las Vegas, Nevada's (the city) certificates of participation (COPs)(City Hall Project), consisting of series 2009A, series 2009B (direct pay Build America Bonds) and series 2009C (taxable), with par amounts among the series to be determined later. The COPs are scheduled to sell on Dec. 2, 2009. In addition, Fitch affirms the 'AA' rating on the following outstanding obligations: --$...
Apple, Brinker, Comerica, DuPont, Regions, Volterra: U.S. Equity Movers
Bloomberg | 33 days 10 hours 20 minutes ago
Oct. 20 (Bloomberg) -- Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
Apple, Brinker, Comerica, Du Pont, Regions, Volterra: U.S. Equity Movers
Bloomberg | 33 days 12 hours 46 minutes ago
Oct. 20 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 1:40 p.m. in New York.
Apple, Conn's, MPS, State Street, St. Jude, Volterra: U.S. Equity Movers
Bloomberg | 33 days 15 hours 47 minutes ago
Oct. 20 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 12 p.m. in New York.
Stocks on the move: Boston Scientific, Lockheed, MetroPCS, UAL
Oakland Tribune (Calif.), The | 33 days 16 hours 17 minutes ago
By Lu Wang BLOOMBERG NEWS Shares of the following companies are having unusual moves in U.S. trading this morning.
Barclays, Boston Scientific, Lockheed, MetroPCS, UAL: U.S. Equity Movers
Bloomberg | 33 days 17 hours 49 minutes ago
Oct. 20 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 10:10 a.m. in New York.
Business leaders pour cash into Issue 6 campaign coffers %%head%%
Plain Dealer (Cleveland), The | 31 days 35 minutes ago
Cleveland's business community pumped tens of thousands of dollars into the campaign to restructure Cuyahoga County government, giving the effort nearly eight times as much money as a competing plan that would delay reform.
Newly Inc. businesses.
Arizona Republic (Phoenix), The | 11 days 52 minutes ago
Newly Inc. businesses., Newly Inc. Businesses.
New Business Licenses: Week of November 9, 2009
Tampa Tribune (Fla.), The | 4 days 11 hours 30 minutes ago
New Business Licenses: Week of November 9, 2009
Newly incorporated businesses.
Arizona Republic (Phoenix), The | 38 days 54 minutes ago
Newly incorporated businesses., Newly Inc. Businesses.
Henrico business licenses for Oct. 12
Richmond Times-Dispatch (Va.) | 42 days 4 hours 59 minutes ago
The following are recently issued business licenses in Henrico County.
Inauguration of the 100,000th ibis Room in the World at the New ibis City West in Munich
HotelsMag.com | 38 days 18 hours 7 minutes ago
PARIS, October 15 /PRNewswire/ -- This key milestone reflects the worldwide growth of the ibis brand since its creation in 1974, and reinforces its position of the top hotel chain in its category in Europe with 689 hotels and its fourth rank in the world with 847 hotels.
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Company Overview
| Company: | Forest City Enterprises, Inc. |
|---|---|
| Industry: | Commercial Real Estate Development |
| Website: | http://www.forestcity.net |
Forest City Enterprises has gone from treeline to skyline. Founded in 1920 as a lumber dealer, the company now focuses on real estate development in metropolitan areas across the US. Its commercial group develops and manages more than 90 retail and office properties, half a dozen hotels, and some 20 regional malls in about 15 states. The residential group owns and manages more than 110 upscale and middle-market apartments, condominiums, and military family housing units in 20 states. The company also owns some 10,500 acres of raw land, some held for sale and some held for future development into master-planned communities. The interrelated Ratner, Miller, and Shafran families control Forest City.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,290.4 (2009) |
|---|---|
| One-year % Growth in Sales | -0.4 (2009) |
| Net Income in U.S. Dollars (mil.) | -112.2 (2009) |
| One-year % Growth in Net Income | 0.0 (2009) |
| Number of Employees | 3,237 (2009) |
| One-year % Growth in Number of Employees | -18.2 (2009) |
| Fiscal Year-End | January |
