Investors See Stability In Commercial Real Estate Despite Weak Recovery

CoStar wrote this article September 28th, 2011 by Randyl Drummer.

In its two-year study, Fitch Ratings analyzed the performance of 21,334 commercial properties from 2008 to 2010, which secure its current $270.4 billion fixed-rate CMBS portfolio. Just over one-third of the portfolio is secured by office, another 33% by retail, 14% multifamily, 7% hotel, 6% industrial/warehouse, and 6% other property types.

Hotels have seen the largest performance declines over the last two years, with NOI

Commerical Real Estate

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Netflix Second Quarter Shortfall Prediction Sends Stock Down

Mail-order and online movie rental service Netflix released its first-quarter results Monday and announced second-quarter profit projections that fell short of analyst expectations. The announcement sent Netflix stock falling $12.52, or 5 percent, to $239.15 in extended trading, as shares lost 55 cents to $251.67 at 4 pm New York time in Nasdaq Stock Market trading.

Netflix, based in Los Gatos, California, is experiencing healthy growth. But costs related to international expansion are


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iPhone Doubles Apple Profits, but Draws Privacy Concerns

Apple stock soared Wednesday following an announcement of record second-quarter profits, fueled by Verizon Wireless now offering iPhone service. But the good news was dampened by the US Congress and Senate expressing concerns over newly-discovered iPhone privacy concerns.

Until January, only AT&T customers were able to buy iPhone. Offering the iPhone through Verizon opened the doors to tens of millions of new customers. The result was that Apple sold 18.65 million iPhones in its fiscal

iPhone privacy concerns

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Ryo Ishikawa Donates 2011 Golf Tournament Earnings to Japan

Japanese-born golfer Ryo Ishikawa announced last week that he will donate all his 2011 golf tournament earnings plus 100,000 yen per birdie to help his homeland recover from the natural disasters that have struck over the past month. If Ishikawa wins the Masters, that could amount to over $3 million.

Ishikawa has been away on tour since the first earthquake struck Japan last month, but he wants his family and friends to know he has not forgotten them. “That’s one of the reasons why I decided

Ryo Ishikawa

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Second Japanese Quake Shocks Stocks, but Yen Rises

A 7.1 aftershock rattled Japan Thursday in the wake of last month’s record quake, sending more tremors through the stock market. Japanese stock futures and Sony stock fell. Meanwhile the yen rose in response to Japanese central bank credit actions.

The new quake struck 215 miles northeast of Tokyo, at about 11:32 pm local time. A possible tsunami alert followed, but was lifted at 12:55 a.m. The quake reportedly caused no new problems at the Fukushima nuclear power plant.

Nikkei 225 Stock

Yen rises

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Gold and Silver Rise as Hedge Against Inflation Expectations

Concerns about inflation sent gold prices to a record high for the second day in a row Wednesday. Meanwhile silver rose to a 31-year peak.

Some investors buy gold, silver, and other precious metals as a hedge against inflation. Demand for precious metals rose following Tuesday’s release of minutes from the Federal Reserve’s March 15 meeting, which revealed dissent on maintaining programs to stimulate growth. Federal Reserve Chairman Ben S. Bernanke, who has kept the Fed’s benchmark interest

gold and silver rise

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New NGP Sony PlayStation Portable Release May Be Delayed

With several factories shut down for repair following Japan’s earthquake, Sony announced may delay release of its new NGP PlayStation Portable unit, announced Sony Computer Entertainment of America president Jack Tretton. Sony is considering staggering release by offering the new product in only one region this year, instead of releasing it in all regions in time for end-of-the-year holiday shopping.

“A delayed introduction may give game developers in certain regions more time to complete

NGP Sony PlayStation Portable

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