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Simon Property Group Incorporated


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Simon Property Group (SPG) Down Over 2% Yesterday And On Investors Observer Hedged Dividend Income

Simon Property Group (NYSE: SPG) closed yesterday at $67.56. So far the stock has hit a 52-week low of $24.27 and 52-week high of $76.05. Simon Property Group stock has been showing support around 65.29 and resistance in the 71.59 range. Technical indicators for the stock are Bullish and S&P gives SPG a very positive 5 STAR (out of 5) strong buy rating. SPG appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jan '10 65 covered call (SPG AM) for a net debit in the $61.06 area. That is also the break even stock price for this trade. This covered call has a 72 day duration, provides 9.62% downside protection and a 6.45% assigned return rate for a 32.71% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the SPG Jan '11 40 Call (OVR AW) and selling the Jan '10 65 call (SPG AM) for a $22.80 debit. The trade has a 72 day life and would provide 7.05% downside protection and a 9.65% assigned return rate for a 49.00% annualized return rate (for comparison purposes only). Simon Property Group has a current annual dividend yield of 1.32%.

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Tags: dividend   investment opinion   nyse   research   S&P   trade   yield  

Companies: Simon Property Group, Inc. (SPG)

 

Simon Property Group (SPG) Fell Over 2% Yesterday And Stock Has Bullish Technicals - Zibb.com

Simon Property Group (NYSE: SPG) closed yesterday at $67.35. So far the stock has hit a 52-week low of $24.27 and 52-week high of $76.05. Simon Property Group stock has been showing support around 65.96 and resistance in the 69.56 range. Technical indicators for the stock are Bullish and S&P gives SPG a very positive 5 STAR (out of 5) strong buy rating. SPG appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Dec '09 65 covered call (SPG LM) for a net debit in the $62.05 area. That is also the break even stock price for this trade. This covered call has a 52 day duration, provides 7.87% downside protection and a 4.75% assigned return rate for a 33.37% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the SPG Jan '11 30 Call (OVR AF) and selling the Dec '09 65 call (SPG LM) for a $32.90 debit. The trade has a 52 day life and would provide 6.61% downside protection and a 6.38% assigned return rate for a 45.00% annualized return rate (for comparison purposes only). Simon Property Group has a current annual dividend yield of 1.31%.

WBA-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: dividend   nyse   research   S&P   trade   yield  

Companies: Simon Property Group, Inc. (SPG)

 

New National Crime Prevention Council Initiative Unveiled in Simon Property Group Malls Across

Simon Property Group, Inc., the country's largest owner, developer and manager of high quality retail real estate, (NYSE: SPG) and the National Crime Prevention Council (NCPC), home of McGruff the Crime Dog(R), announced today they have teamed up during Crime Prevention Month to unveil NCPC's new initiative called Circle of Respect in approximately 185 malls across the country.

The goal of the Circle of Respect initiative is to begin a national conversation on civility in the United States today. During the initial phase of the campaign, NCPC intends to shift public perception from a view that condones bullying and harassment as a rite of passage to one that considers bullying and harassment to be unacceptable behavior. Eventually the campaign will expand in scope to include vandalism, theft, dating violence, alcohol and other drug abuse, and other behavior in which issues of respect are paramount among young people and adults.

Noted authors such as Rosalind Wiseman (Queenbees and Wannabes), Rachel Simmons (Odd Girl Out), Dr. William Pollack (Real Boys' Voices), and many more will play a role in elevating this campaign to a national discussion.

As part of NCPC's ongoing partnership with Simon Property Group, Simon malls will post door clings at its entrances, tent cards at food court tables, and hand out information at Guest Services encouraging consumers to log on and take the Circle of Respect pledge at www.circleofrespect.org.

"The malls represent an important part of our community where people go to shop, dine, and be entertained in a safe, secure environment," said Ann M. Harkins, President and CEO, National Crime Prevention Council. "We are thrilled to combine with Simon Property Group to bring the important message of respect for each other and our community to malls across the country."

Simon Property Group began its promotion for the Circle of Respect initiative this summer by sharing Circle of Respect wristbands to thousands of teens during Simon dTOUR Live(R). Simon dTOUR Live(R) is the cornerstone of Simon's teen platform, which integrates tailored brand sponsorships with exciting and interactive entertainment, events, and concerts.

"We're very excited about this opportunity to work with the National Crime Prevention Council," said Russ Tuttle, Simon's vice president of corporate security and emergency management. "They have been doing groundbreaking work for many years and our collaboration on Circle of Respect highlights how important we view safety at our properties. The Circle of Respect will be incorporated into all of Simon's core security program materials, including year-round mall safety tip signage across the country."

For more information about The Circle of Respect, or to schedule an interview, please contact Michelle Boykins at 202-261-4184 or Amy Vimislicky at 202-261-4156. For information on the National Crime Prevention Council, please visit www.ncpc.org.

About the National Crime Prevention Council

The National Crime Prevention Council (NCPC) is a private, nonprofit organization whose primary mission is to be the nation's leader in helping people keep themselves, their families, and their communities safe from crime. NCPC manages public service advertising under the National Citizens' Crime Prevention Campaign--symbolized by McGruff the Crime Dog(R) and his "Take A Bite Out Of Crime(R)" slogan--and acts as secretariat for the Crime Prevention Coalition of America, more than 400 national, federal, state, and local organizations representing thousands of constituents who are committed to preventing crime. NCPC is funded through a variety of government agencies, corporate and private foundations, and donations from private individuals. For more information on crime prevention issues, visit www.ncpc.org.

About Simon Property Group

Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail real estate platforms: regional malls, Premium Outlet Centers(R), The Mills(R), community/lifestyle centers and international properties. It currently owns or has an interest in 387 properties comprising 262 million square feet of gross leasable area in North America, Europe and Asia. The Company is headquartered in Indianapolis, Indiana and employs more than 5,000 people worldwide. Simon Property Group, Inc. is publicly traded on the NYSE under the symbol SPG. For further information, visit the Company's website at www.simon.com.

SOURCE Simon Property Group, Inc.

http://www.simon.com

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Tags: advertising   alcohol   asia   ceo   community   corporate   crime   emergency   entertainment   environment   europe   food   government   local   north america   nyse   partnership   president   property   real estate   retail   S&P   schedule   security   teen  

Companies: Simon Property Group, Inc. (SPG)

 

Simon Property Group Inc. (SPG) Corporate Event Announcement Notice - Zibb.com

Simon Property Group Inc. (SPG)
Expected next earnings release:
Announcement date: 10/30/2009 - Before Market
Earnings Quarter: Q3
Announcement Status: Verified
Expected next investor conference call information:
Conference Call Date: 10/30/2009
Conference Call Time (ET): 11:00 AM
Conference Call URL: http://phx.corporate-ir.net/phoenix.zhtml?c=113968&p=irol-IRHome&m=1&s=0
Expected next dividend:
Dividend Announcement Date: 8/4/2009
Dividend Record Date: 8/17/2009
Dividend Pay Date: 9/18/2009
Dividend Amount: 0.60

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Tags: conference   corporate   dividend   earnings   market   property  

Companies: Simon Property Group, Inc. (SPG)

 

Web Sites

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Video: Spotlight - Simon Property Group - Zibb.com

www.zibb.com

Doomed Commercial Real Estate? - Interview with Simon Property Group CEO David Simon (Bloomberg News) http://www.clipsyndicate.com/video/playlist/1998/1098076?cpt=8&wpid=523

http://www.zibb.com/article/5527251/Video+Spotlight+Simon+Property+Group

SCT - Shopping Centers Today Online

ICSC has announced the finalists for the 1999 MAXI awards, which honor outstanding achievement in management and marketing programs. The awards will be presented Sunday, Sept. 26, as part of the Fall Management and Marketing Conference in Denver. The finalists are:

http://www.icsc.org/srch/sct/sct9909/15.php

Simon Property Group Wins Indiana Industry Honor

phx.corporate-ir.net

NAIOP is the nation’s leading trade association for developers, owners, investors, asset managers and other professionals in industrial, office, retail and mixed-use commercial real estate.

http://phx.corporate-ir.net/phoenix.zhtml?c=141921&p=NewsArticle&id=1264783

Past

Lifestyle Centers Geneva Commons - Jeffery R. Anderson Real Estate Eastwood Towne Center - Jeffery R. Anderson Real Estate Deerpark Town Center - DDR / Poag & McEwen Jefferson Pointe - R.E.D.

http://www.greeby.com/past.htm

Web Sites powered by Bing

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Simon Malls - Shopping Malls, Mall Stores, Gift Cards

www.simon.com

Learn more about Simon Malls and find a shopping mall or store near you. Plus purchase Simon Giftcards online - a gift card from Simon is redeemable almost anywhere.

http://www.simon.com/

Simon Property Group

www.simon.com

Human Resources: All Job Postings. Click on each respective to see a detailed description of that position

http://www.simon.com/about_simon/hr/openjobs.aspx

Simon Property Group - Wikipedia, the free encyclopedia

en.wikipedia.org

Simon Property Group, Inc. is an S&P 500 company and the largest public U.S. real estate company. Simon is a fully integrated real estate company which operates from five retail ...

http://en.wikipedia.org/wiki/Simon_Property_Group

Chelsea Premium Outlets

www.premiumoutlets.com

Upscale outlet shopping chain. Outlet locator, brands listed, sale information, and customer service.

http://www.premiumoutlets.com/