- American City Business Journals•4 days ago
There can be a flipside to biotech industry success: When a company wins regulatory approval for a potentially top-selling drug, it becomes a buyout target — and the consequences for the local real estate market can be unexpected. Take Onyx Pharmaceuticals. Kyprolis, the South San Francisco company’s treatment for the blood cancer known as multiple myeloma, won the attention of Amgen Inc., which bought Onyx in 2013 for $10 billion.
- American City Business Journals•8 days ago
Ride-hailing giant Uber Technologies Inc. has purchased a stake in the two under-construction office buildings at the Golden State Warriors' project in Mission Bay, as the company continues to aggressively soak up San Francisco real estate. Uber plans to occupy at least half of the office space, which totals 580,000 square feet, when the Warriors' Chase Center arena opens in 2019, said Adony Beniares, Uber's head of global workplace.
- Barrons.com•12 days ago
Alexandria Real Estate Equities (ARE), a real estate investment trust that specializes in life sciences laboratories, will be added to the S&P 500 next Monday, an event that could spur some buying by institutional investors. It was formerly in the S&P400, a midcap index. The addition was announced last Friday after the close and the stock fell early this week as the market prepared for what it expected would be a hawkish Federal Reserve rate hike on Wednesday (the details proved more dovish than expected).
ARE : Summary for Alexandria Real Estate Equities - Yahoo Finance
Alexandria Real Estate Equities, Inc. (ARE)
NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
|Bid||100.00 x 200|
|Day's Range||108.98 - 111.51|
|52 Week Range||88.79 - 120.96|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-55.48|
|Dividend & Yield||3.32 (2.98%)|
|1y Target Est||N/A|