Stocks Alert – Chimera Investment Corporation, (NYSE:CIM), NorthStar Realty Finance Corp. (NYSE:NRF), Investors Real Estate Trust (NYSE:IRET), DDR Corp (NYSE:DDR)

Submitted By superlative stocks on June 16, 2014 — 02:10 PM

Birmingham, West Midlands ( TechSonian ) – 16 June 2014 — Chimera Investment Corporation, ( NYSE:CIM ) operates as a real estate investment trust (REIT) in the United States. The company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes.

Chimera Investment Corporation( NYSE:CIM ) remained among the day bears with 0.31% and traded with volume of 3.26 million shares in the last session, as compared to average volume of 4.88 million shares. In comparison with 52 week range of $2.71- $3.30, it faced lowest price of $3.19during the last trading session whereas its day highest price was $3.21. The company’s total market capitalization is $3.28 billion, along with 1.03 billion shares outstanding.

Can Investors Bet on CIM after this News update? Find out in this Research Report

NorthStar Realty Finance Corp. ( NYSE:NRF ) reported that it has commenced an exchange offer for the outstanding 7.50 percent Exchangeable Senior Notes due 2031 of NorthStar Realty Finance Limited Partnership, the Companys operating partnership.

Northstar Realty Finance Corp. ( NYSE:NRF ) managed to keep its gain at 1.15% on volume of 3.25 million shares. The stock settled at $16.65 after floating in a range of $16.28 to $16.66. At its latest price, the stock reached market capitalization of $6.11 billion. Its 52-week range has been $8.14 to $17.93.

Is NRF a Solid Investment at These Levels? Read This Report for Details

Investors Real Estate Trust ( NYSE:IRET ) released that its operating partnership, IRET Properties, has entered into a joint venture to develop 246 apartments and 21,873 sq. ft. of retail space in Edina, MN. The total estimated project cost is $69.8 million.

Investors Real Estate Trust ( NYSE:IRET ) settled 0.22% higher at $8.96 on volume of 3.25 million shares during the last trading day. The stock has its 12-month low at $7.97 and 52-week high price was $9.37. It traded in a range of $8.86 to $8.98 during the last trading day.

How Should Investors Trade IRET Now? Don’t Miss out a Special Trend Analysis

DDR Corp ( NYSE:DDR ) reported the commencement of a multi-year proactive lease termination initiative aimed at recapturing high-quality anchor store locations across its portfolio.

DDR Corp ( NYSE:DDR ) closed yesterday at $17.37, at 0.64% increase. Around 3.24 million shares were traded at average trading volume of 2.60 million shares. The company is now valued at around $6.23 billion.

What DDR Charts Are Signaling for Traders? Find Out Here