Downgraded by RBC Capital Mkts from Outperform to Sector Perform

YTD % Gain: 41.69

short term trade

Downgraded by Banc of America Sec from Neutral to Sell

Gazit-Globe is trying to force MLS, through a lawsuit, to have an annual meeting. Gazit-Globe would propose its own directors. They content that the current board serves to "entrench the current leadership". Gazit-Globe owns 9.7% of the company.

The Mills Company. REIT that owns some premier properties in high income high growth areas of the country.

The Mills Company is a once high flying REIT that still owns premier shopping centers in high growth/ high income sections of the country. They had a little problem with accounting honesty which drove down the stock price and drove out the management. But they still own the real estate and it is still paying a whopping dividend (even after a cut) so the stock has in my opinion bottomed out. When they satisfy the regulators with a restatement of the last three years earnings MLS the uncertainty will be over. Looking ahead I see this stock rising three or four times its current price.

Triple Sell ! ! ! (AP) -- Mills Corp., owner and operator of regional malls and retail centers, said Friday the New York Stock Exchange has granted the company until Apr. 2, to file its 2005 annual report without becoming subject to delisting.