|Bid||0.2500 x 1100|
|Ask||0.0000 x 2200|
|Day's Range||0.5810 - 0.6850|
|52 Week Range||0.4501 - 13.6000|
|Beta (5Y Monthly)||2.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Sep 12, 2019|
|1y Target Est||N/A|
Please replace the revised version to correct certain Q4 2019 financial information issued on February 6, 2020, at 4:15 p.m. ET. Please refer to Form 8-K/A furnished on March 11, 2020, for additional information.
WeissLaw LLP, a national class action and shareholders' rights law firm with offices in New York, California and Georgia, announces an investigation of the Board of Directors and executives of CBL Associates Properties, Inc. (NYSE: CBL) ("CBL" or the "Company"), for possible breaches of fiduciary duty and other violations of law in connection with their unlawful concealment of (and the lack of proper internal controls resulting in) the payment by CBL of the uninsured sum of $90 million in settlement of claims of racketeering for overcharging retail tenants. The full misconduct was disclosed on March 26, 2019, when CBL filed a Form 8-K with the SEC containing a press release containing the information.
CBL Properties (NYSE: CBL) announced details for the release of its results for the first quarter ending March 31, 2020.
CBL Properties (NYSE: CBL) today announced that it will provide an online audio webcast of the US Small Cap Mall REIT Panel presentation, including CBL’s Chief Executive Officer, Stephen D. Lebovitz, at the Citi 2020 Global Property CEO Conference. The panel presentation will take place on Monday, March 2, 2020, at 10:20 a.m. Eastern Time.
CBL Properties (NYSE:CBL) today announced the first phase of redevelopment plans for the former Herberger’s department store building at Kirkwood Mall in Bismarck, North Dakota. Kirkwood Mall will welcome three fast casual restaurants, including Five Guys as well as new-to-market Blaze Pizza and Chick-fil-A. As part of the project, roughly 40,000 square feet of the former Herberger’s building will be demolished to make way for these new restaurants. The remaining 52,000 square feet will be utilized in future phases, which will include the addition of new retail or alternative uses. An additional pad is being created in the former Herberger’s parking area, which is available for restaurant or service uses. Details will be announced once plans are finalized.
CBL Properties (NYSE:CBL) today announced that it received notification from the New York Stock Exchange (NYSE) that as of February 5, 2020, the Company is no longer in compliance with NYSE continued listing criteria, which require listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period.
CBL Properties (NYSE: CBL) announced details for the release of its results for the fourth quarter and full year ending December 31, 2019.