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| Date | Title | | | | 12/22/08 | Forest City Announces Major Milestones for Mesa del Sol Project| CLEVELAND, Dec. 22 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today announced two major milestones for Mesa del Sol, a
12,900-acre, mixed-use project in Albuquerque, N.M.
On Dec. 5, Mesa del Sol announced an agreement with Sandia National
Laboratories to partner on research, development and demonstration of energy
technologies in a real life environment at Mesa del Sol.
On Dec. 10, Mesa del Sol held a ribbon cutting ceremony for phase one of... |
| |  | | 12/19/08 | Forest City Celebrates the Opening of Hamel Mill Lofts| CLEVELAND, Dec. 19 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today celebrated the opening of the first building at
Hamel Mill Lofts, a collection of high-end, historically renovated rental
apartment buildings in Haverhill, Mass.
"Hamel Mill Lofts is a great project in a great location that emphasizes
our Company's commitment to Sustainability through the adaptive re-use of a
historic, century-old shoe factory complex," said Charles A. Ratner, pre... |
| | | | 12/09/08 | REMINDER: Forest City Enterprises Third-Quarter 2008 Earnings Conference Call| CLEVELAND, Dec. 9 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.,
(NYSE: FCEA and FCEB) has released its third-quarter 2008 financial results
and will hold a conference call on Wednesday, December 10, 2008 at 11:00 a.m.
ET to discuss these results. Investors are invited to dial into the conference
call hosted by Charles A. Ratner, president and chief executive officer, or to
listen to a live webcast of the call through www.forestcity.net .
The conference call is schedule... |
| | | | 12/08/08 | Forest City Suspends Quarterly Dividends| CLEVELAND, Dec. 8 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA) and (NYSE: FCEB) today announced that the Company's Board of
Directors voted to suspend quarterly cash dividends on its Class A and Class B
common stock. The suspension will begin following the dividend payment
scheduled for December 15, 2008.
Charles A. Ratner, Forest City president and chief executive officer,
said, "In the current economic and financial market conditions, maintaining
liqui... |
| | | | 12/08/08 | Forest City Reports Third-Quarter and Year-to-Date Financial Results | CLEVELAND, Dec. 8 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today announced revenues, net earnings and EBDT for the
third quarter and nine months ended October 31, 2008.EBDT
EBDT (Earnings Before Depreciation, Amortization and Deferred Taxes) for
the third quarter was $44.1 million, or $0.42 per share, a 34.4 percent
decrease on a per share basis compared with last year's third-quarter EBDT of
$68.8 million, or $0.64 per share.For the quarter, pre-t... |
| | | | 12/03/08 | Forest City Enterprises Notice of 3rd Quarter Earnings Conference Call|
CLEVELAND, Dec. 3 /PRNewswire-FirstCall/ -- Forest City Enterprises (NYSE: FCEA; FCEB) will release its 3rd quarter
financial results on Monday, December 8, 2008, after the NYSE closing bell,
and will hold a conference call on Wednesday, December 10, 2008 at 11:00 A.M.
ET to discuss these results. You are invited to dial into the conference call
with Charles A. Ratner, President and Chief Executive Officer.
The conference call is scheduled for 11:00 A.M. ET, Wednesday, December... |
| | | | 11/10/08 | Forest City Announces $167 Million in Recent Financings| CLEVELAND, Nov. 10 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today announced three separate, recently completed
financing transactions, totaling more than $167 million, in the Company's
national portfolio of operating properties and in its development pipeline.
"While the general economic environment is very challenging, these
transactions demonstrate that there continues to be both opportunity and
access to financing for high-quality real est... |
| | | | 10/30/08 | Forest City Celebrates Grand Opening of The Shops at Wiregrass| CLEVELAND, Oct. 30 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today celebrated the grand opening of The Shops at
Wiregrass, a 646,000-square-foot open-air, regional lifestyle center in Wesley
Chapel, Fla., near Tampa.
The main-street style retail center, located at the corner of State Road
56 and Bruce B. Downs Boulevard, is anchored by Macy's, Dillard's and
JCPenney, and features numerous specialty shops and restaurants, as well as
tree-lined... |
| | | | 10/23/08 | Forest City Comments on Standard & Poor's Rating Action| CLEVELAND, Oct. 23 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) commented today on action taken by Standard & Poor's
Rating Services (S&P). S&P lowered its corporate credit rating for Forest
City to BB from BB+, and lowered its rating on the Company's senior unsecured
notes to B+ from BB-. In response, Forest City President and Chief Executive
Officer Charles A. Ratner issued the following statement:
"We interpret this action in light of the macro... |
| | | | 10/13/08 | Forest City Celebrates Grand Opening of The Shops at White Oak Village| CLEVELAND, Ohio, Oct. 13 /PRNewswire-FirstCall/ -- Forest City
Enterprises, Inc. (NYSE: FCEA and FCEB) today celebrated the grand opening of
The Shops at White Oak Village, an 800,000-square-foot retail center in
Henrico County near Richmond, Virginia.
The center, located at the intersection of Interstate 64 and Laburnum
Avenue, is anchored by JCPenney, Lowe's, Sam's Club and Target, among others,
and also features numerous specialty shops and restaurants, as well as open
leisur... |
| | | | 09/24/08 | Forest City Declares Quarterly Dividend| CLEVELAND, Sept. 24 /PRNewswire-FirstCall/ -- Forest City Enterprises,
Inc. (NYSE: FCEA; FCEB) announced today that the Board of Directors has
declared a cash dividend of $0.08 for each outstanding share of both Class A
and Class B Common Stock of the Corporation, to shareholders of record at the
close of business on December 1, 2008. This dividend will be payable on
December 15, 2008.
Corporate Description
Forest City Enterprises, Inc. is a $10.9 billion NYSE-listed nationa... |
| | | | 09/23/08 | Forest City Closes on $250 Million in Financing for Waterfront Project in Southwest D.C.| CLEVELAND, Sept. 23 /PRNewswire-FirstCall/ -- Forest City Enterprises,
Inc. (NYSE: FCEA and FCEB) announced today that it has closed on $250 million
in construction financing for the initial phase of its Waterfront Station
project in Southwest Washington, D.C.
Waterfront Station, on M Street SW at 4th Street, is a mixed-use
redevelopment that will include office, residential and retail components.
The site is adjacent to the Waterfront/Southeastern University MetroRail
station.
... |
| | | | 09/04/08 | REMINDER: Forest City Enterprises Second-Quarter 2008 Earnings Conference Call| CLEVELAND, Sept. 4 /PRNewswire-FirstCall/ -- Forest City Enterprises,
Inc., (NYSE: FCEA and FCEB) has released its second-quarter 2008 financial
results and will hold a conference call on Tuesday, September 9, 2008 at 11:00
a.m. ET to discuss these results. Investors are invited to dial into the
conference call hosted by Charles A. Ratner, president and chief executive
officer.
The conference call is scheduled for 11:00 A.M. ET, Tuesday, September 9,
2008. To participate, dial 8... |
| | | | 09/04/08 | Forest City Reports Second-Quarter and Year-to-Date Financial Results| CLEVELAND, Sept. 4 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today announced revenues, net earnings and EBDT for the
second quarter and six months ended July 31, 2008.
EBDT (Earnings Before Depreciation, Amortization and Deferred Taxes) for
the second quarter was $88.3 million, or $0.82 per share, a 24.2 percent
increase on a per share basis compared with last year's second-quarter EBDT of
$71.2 million, or $0.66 per share. EBDT for the six mon... |
| | | | 08/28/08 | Forest City Enterprises Notice of Second-Quarter 2008 Earnings Conference Call| CLEVELAND, Aug 28, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Forest City Enterprises,
Inc., (NYSE: FCEA and FCEB) will release its second-quarter 2008 financial
results on Thursday, September 4, 2008 and will hold a conference call on
Tuesday, September 9, 2008 at 11:00 a.m. ET to discuss these results.
Investors are invited to dial into the conference call hosted by Charles A.
Ratner, president and chief executive officer.
The conference call is scheduled for 11:00 A.M. ET,... |
| | | | 08/20/08 | Forest City Closes $167 Million Financing for Downtown Brooklyn Residential Building| Company also updates overall 2008-2009 maturities
CLEVELAND and BROOKLYN, New York, Aug. 20 /PRNewswire-FirstCall/ -- Forest
City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that it's New
York-based subsidiary, Forest City Ratner Companies, has closed on $167
million in construction financing for 80 DeKalb, a 335,000-square-foot
residential building on DeKalb Avenue in downtown Brooklyn.
The 34-story, Costas Kondylis-designed building is the first resid... |
| | | | 06/30/08 | Forest City Enterprises Announces Recent Financings| CLEVELAND, June 30 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA) (NYSE: FCEB) today announced three recent financing transactions,
totaling more than $100 million, in the Company's national portfolio of
operating properties and in its development pipeline.
These transactions, all of which closed within the past 30 days, reflect
our continuing ability to access capital to finance our portfolio and to fund
development, said Charles A. Ratner, Forest City pres... |
| | | | 06/23/08 | Forest City Statement on United States Supreme Court Decision Not to Hear Eminent Domain Case| NEW YORK and CLEVELAND, June 23 /PRNewswire-FirstCall/ -- Bruce C. Ratner,
chairman and chief executive officer of Forest City Ratner Companies, the New
York-based subsidiary of Forest City Enterprises, Inc. (NYSE: FCEA and FCEB),
today applauded the United States Supreme Court decision not to hear an
eminent domain appeal brought by opponents of the Company's Atlantic Yards
project.
We believe, and the courts have repeatedly agreed, that Atlantic Yards
provides significant public... |
| | | | 06/19/08 | Forest City Declared Quarterly Dividend| CLEVELAND, June 19 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) announced today that the Board of Directors has declared
a cash dividend in the amount of $0.08 on each outstanding share of both Class
A and Class B Common Stock of the Corporation, to shareholders of record at
the close of business on September 1, 2008. This dividend will be payable on
September 15, 2008.
Corporate Description
Forest City Enterprises, Inc. is a $10.5 billion NY... |
| | | | 06/19/08 | Deborah L. Harmon Joins Forest City Board of Directors| CLEVELAND, June 19 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today announced that Deborah L. Harmon, president of
Harmon & Co. and principal of Caravel Management LLC, was elected to the
Company's board of directors by shareholders today, along with a slate of
other directors, at the Company's annual meeting. As the Company previously
disclosed in a filing with the Securities and Exchange Commission on April 7,
2008, Harmon was appointed to the Comp... |
| | | | 06/18/08 | Forest City to Webcast 2008 Annual Meeting of Shareholders| CLEVELAND, June 18 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today announced that the Company will webcast its 2008
annual meeting of shareholders beginning at 2:00 p.m. Eastern time on
Thursday, June 19, 2008. The annual meeting is being held at the Ritz-Carlton
hotel in Cleveland.
The business portion of the meeting will be followed immediately by
management presentations. The presentations will be simultaneously broadcast
live over the Inte... |
| | | | 06/05/08 | Forest City Reports Fiscal 2008 First-Quarter Results| CLEVELAND, June 5 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
(NYSE: FCEA and FCEB) today announced EBDT, net earnings and revenues for the
fiscal first quarter ended April 30, 2008.
First-quarter EBDT (Earnings Before Depreciation, Amortization and
Deferred Taxes) was $16.0 million, or $0.15 per share, compared with last
year's EBDT of $34.5 million, or $0.32 per share. The Company's commercial and
residential segments provided a pre-tax EBDT increase of $15.5 millio... |
| | | | 06/03/08 | Day-Long Effort "Greens Up" 60 Cities Nationwide| 1,500 Forest City employees dedicate almost 13,500 hours during
Community Day celebration
CLEVELAND, OH – On June 3, more than 1,500 Forest City employees from 60 cities across the United States will trade in their offices for community parks, give up their computers for shovels and exchange their pens for paintbrushes. For the fifth consecutive year, Forest City employees will take a day away from their e-mail, budgets and memos to spend Community Day lending a helping hand and celebra... |
| | | | 03/31/08 | Forest City Enterprises Reminder of Year-End Earnings Conference Call| Wednesday April 2, 2008, 1:00 P.M. ETCLEVELAND, Mar 31, 2008 (BUSINESS WIRE) -- Forest City Enterprises (NYSE:FCEA)(NYSE:FCEB):
TO: Interested analysts, brokers and investors
FROM: Forest City Enterprises
RE: Forest City's Year-End Earnings Conference Call
Forest City Enterprises announced its year-end 2007 financial
results today, Monday, March 31, 2008, and will be conducting a
conference call on Wednesday, April 2, 2008 at 1:00 P.M. ET.
The conference call is schedule... |
| | | | 03/31/08 | Forest City Reports Fiscal 2007 Full-Year and Fourth-Quarter Results| CLEVELAND--(BUSINESS WIRE)--March 31, 2008--Forest City
Enterprises, Inc. (NYSE: FCEA) and (NYSE: FCEB) today announced EBDT,
net earnings and revenues for the fourth quarter and full year ended
January 31, 2008.
EBDT (Earnings Before Depreciation, Amortization and Deferred
Taxes) for the full year ended January 31, 2008 was $265.7 million, or
$2.47 per share, a decrease of 9.5 percent on a per-share basis
compared with last year's $285.0 million, or $2.73 per share. EBDT for
the... |
| | | | 03/28/08 | Forest City Closes on $680 Million Financing for Lower Manhattan Development| Loan for Frank Gehry-Designed Beekman Project is Largest in
Company History CLEVELAND--(BUSINESS WIRE)--March 28, 2008--Forest City
Enterprises, Inc. (NYSE: FCEA)(NYSE: FCEB) today announced that a
subsidiary of the Company has closed $680 million in financing for the
mixed-use Beekman development in lower Manhattan. The financing is the
largest construction loan in the Company's history.
Charles A. Ratner, president and chief executive officer of For... |
| | | | 03/26/08 | Forest City Declared Quarterly Dividend| CLEVELAND--(BUSINESS WIRE)--March 26, 2008--Forest City
Enterprises, Inc. (NYSE:FCEA) (NYSE:FCEB) announced today that the
Board of Directors has declared a cash dividend in the amount of $0.08
on each outstanding share of both Class A and Class B Common Stock of
the Corporation, to shareholders of record at the close of business on
June 2, 2008. This dividend will be payable on June 17, 2008.
Corporate Description
Forest City Enterprises, Inc. is a $10 billion NYSE-listed
na... |
| | | | 03/19/08 | Forest City Enterprises Notice of Year-End Earnings Conference Call| Wednesday April 2, 2008, 1:00 P.M. ET
CLEVELAND--(BUSINESS WIRE)--March 19, 2008--Forest City
Enterprises (NYSE:FCEA)(NYSE:FCEB):
Forest City Enterprises will release its year-end 2007 financial
results on Monday March 31, 2008 and will hold a conference call on
Wednesday April 2, 2008 at 1:00 P.M. ET to discuss these results. You
are invited to dial into the conference call with Charles A. Ratner,
President and Chief Executive Officer.
The conference call is scheduled fo... |
| | | | 03/18/08 | Forest City Closes $160 Million Refinancing for The Galleria at Sunset| CLEVELAND--(BUSINESS WIRE)--March 18, 2008--Forest City
Enterprises, Inc. (NYSE:FCEA) (NYSE:FCEB) today announced that a
subsidiary of the Company has closed on a 10-year, $160 million loan
with New York State Teachers Retirement System to refinance The
Galleria at Sunset, a 1,048,000 square-foot retail center in
Henderson, Nev. The center, which is home to anchor stores Dillard's,
Macy's, Mervyn's, Dick's Sporting Goods, and JCPenney, opened in 1996.
About Forest City Enterprises... |
| | | | 03/03/08 | Forest City Closes $100 Million Refinancing for the Promenade Bolingbrook| CLEVELAND--(BUSINESS WIRE)--March 3, 2008--Forest City
Enterprises, Inc. (NYSE:FCEA) (NYSE:FCEB) today announced that it has
closed on a $100 million loan with The Prudential Insurance Company of
America to refinance The Promenade Bolingbrook, a 736,000 square-foot
open-air town center in suburban Chicago. The center, which is
anchored by Macy's and Bass Pro Shops, opened in April, 2007.
The Promenade Bolingbrook recently received LEED certification
from the U.S. Green Building Co... |
| | | | 03/03/08 | Forest City to Present at Citi 2008 Global Property CEO Conference| CLEVELAND--(BUSINESS WIRE)--March 3, 2008--Forest City
Enterprises, Inc. (NYSE: FCEA) (NYSE: FCEB) announced today that
Charles A. Ratner, president and chief executive officer, will present
at the Citi 2008 Global Property CEO Conference to be held in Palm
Beach, Fla., this week.
The presentation is scheduled to take place Wednesday, March 5, at
12:15 p.m. Eastern time, and may be accessed live via conference call
at (719) 234-7878, passcode 394890.
About Forest City Enterpr... |
| | | | 02/25/08 | Forest City Enterprises Announces Project Financings| CLEVELAND--(BUSINESS WIRE)--Feb. 25, 2008--Forest City
Enterprises, Inc. (NYSE:FCEA)(NYSE:FCEB) today announced seven
recently completed financing transactions, totaling nearly $380
million, in the Company's national portfolio of operating properties
and in its development pipeline.
"These successful transactions reflect our continuing ability to
access the capital needed to finance our extensive real estate
portfolio, make selective strategic acquisitions and fund our robust
dev... |
| | | | 02/05/08 | Forest City Announces Expanded Credit Facility| Increase Brings Total Facility to $750 Million
CLEVELAND--(BUSINESS WIRE)--Feb. 5, 2008--Forest City Enterprises,
Inc. (NYSE:FCEA)(NYSE:FCEB) today announced it has expanded its bank
credit facility to $750 million by exercising the accordion feature of
its existing revolving credit agreement.
The expansion represents a $150 million increase in the
availability of the Company's credit facility while maintaining the
existing interest rate structure. The transaction enhances For... |
| | | | 02/01/08 | Forest City Statement on Victory for Atlantic Yards Project in Federal Eminent Domain Case| U.S. Court of Appeals Upholds District Court Decision
BROOKLYN, N.Y.--(BUSINESS WIRE)--Feb. 1, 2008--Bruce Ratner, CEO
and chairman of Forest City Ratner Companies, LLC, a subsidiary of
Forest City Enterprises, Inc. (NYSE: FCEA)(NYSE: FCEB), today
applauded the United States Court of Appeals, Second Circuit,
affirmation of the District Court's decision in a case brought by
opponents of the Atlantic Yards project in Brooklyn on the grounds
that the use of eminent domain violates th... |
| | | | 01/17/08 | Fidelity Investments Selects Forest City's Mesa del Sol for New Operations Center| Financial Services Company Will Create 1,250 New Jobs Momentum is Building, Mesa del Sol is Living up to PromiseALBUQUERQUE, N.M. & CLEVELAND, Jan 17, 2008 (BUSINESS WIRE) -- Forest City Enterprises, Inc. (NYSE: FCEA) (NYSE: FCEB) announced
today that Fidelity Investments, one of the world's largest providers
of financial services, will locate a new 210,000-square-foot
operations center at Mesa del Sol, a 12,900-acre, mixed-use project in
Albuquerque, NM.
Mesa del Sol is being developed by ... |
| | | | 01/14/08 | Forest City Statement on New York State Supreme Court Ruling on Atlantic Yards Public Approvals| BROOKLYN, N.Y.--(BUSINESS WIRE)--Jan. 14, 2008--Bruce Ratner, CEO
and Chairman of Forest City Ratner Companies, a subsidiary of Forest
City Enterprises, Inc. issued the following statement regarding the
January 11, 2008, ruling in State Supreme Court dismissing a lawsuit
brought by opponents of the Atlantic Yards project in Brooklyn. The
suit had challenged the project's public approval process.
"We are very pleased with the court's decision, as it further
clears the way for Atlan... |
| | | | 01/14/08 | SCHOTT Solar Selects Mesa del Sol for New Solar Manufacturing Plant| Company to Bring up to 1,500 Jobs to Mesa del Sol's Renewable
Energy Cluster
ALBUQUERQUE, N.M. & CLEVELAND--(BUSINESS WIRE)--Jan. 14,
2008--Forest City Enterprises, Inc. (NYSE:FCEA)(NYSE:FCEB) announced
today that SCHOTT AG, a global leader in glass and optics and one of
the largest solar technology manufacturers in the world, will build a
200,000 square foot manufacturing facility for SCHOTT Solar, Inc., its
wholly owned subsidiary, on 80 acres at Mesa... |
| | | | 01/07/08 | Forest City Acquires 2,500 Lots for Residential Development in San Antonio| Acquisition Includes Sites in Five Premier Subdivisions CLEVELAND, Jan 07, 2008 (BUSINESS WIRE) -- Forest City Enterprises, Inc. (NYSE:FCEA)(NYSE:FCEB) announced
today that its Forest City Land Group business unit and joint venture
partner Covington Capital Corporation have completed the acquisition
of more than 2,500 single-family home lots in the San Antonio, Texas,
market. Forest City and Covington Capital have gained an immediate
presence in the market by acquiring lot positions and lan... |
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