BofA/Merrill Lynch Downgrades DDR Corp. (DDR) to Neutral
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Too Early to Speculate on DDR Corp. (DDR) Takeover Following Ousted CEO - Bloomberg, Citing Evercore ISI
July 11, 2016 1:56 PM EDTDDR Corp. (NYSE: DDR) Takeover Following Ousted CEO - Bloomberg, Citing Evercore ISI
... MoreMizuho Securities Downgrades DDR Corp. (DDR) to Underperform on Abrupt CEO Termination
July 11, 2016 9:35 AM EDTMizuho Securities downgraded DDR Corp. (NYSE: DDR) from Neutral to Underperform with a price target of $17.00 (from $19.00) on CEO abrupt termination.
Analyst Haendel St. Juste commented, "We are downgrading the shares of DDR to underperform and lowering our PT to $17 following the... More
DDR Corp. (DDR) Terminates CEO Oakes; August Named New CEO
July 11, 2016 7:46 AM EDTDDR Corp. (NYSE: DDR) announced that DDR Board member Thomas F. August was named President & Chief Executive Officer, effective immediately. The appointment of Mr. August follows the termination of David J. Oakes as President & Chief Executive Officer and as interim Chief Financial Officer. Mr. Oakes' termination was not related to the Company's financial or operating results or to any disagreements or concerns regarding the Company's financial or reporting practices.
Mr. August is currently Chairman of the Board of DCT Industrial Trust Inc. (NYSE: DCT), an... More
