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Alexander's Inc V.ALX


Primary Symbol: ALX

Alexander's, Inc. is a real estate investment trust (REIT). The Company is engaged in leasing, managing, developing and redeveloping its properties. It is managed by, and its properties are leased and developed by, Vornado Realty Trust (Vornado). It has five properties in New York City consisting of 731 Lexington Avenue, a 1,079,000 square foot multi-use building comprising the entire block bounded by Lexington Avenue, East 59th Street, Third Avenue and East 58th Street in Manhattan; Rego Park I, a 338,000 square foot shopping center, is located on Queens Boulevard and 63rd Road in Queens; Rego Park II, a 616,000 square foot shopping center, is located adjacent to the Rego Park I shopping center in Queens; Flushing, a 167,000 square foot building, located on Roosevelt Avenue and Main Street in Queens, and The Alexander apartment tower, located above its Rego Park II shopping center, contains 312 units aggregating 255,000 square feet.


NYSE:ALX - Post by User

Alexander's Inc > Oil & Gas Earnings
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Post by Miner60on Mar 13, 2017 4:55pm
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Post# 25973403

Oil & Gas Earnings

Oil & Gas EarningsIt doesn't sound like a rosey picture for the energy stocks in 2017. It will be interesting to see what Spartan's results were for 2016.

Monday, Mar 13, 2017
 		    
"In a report released on Monday; the Conference Board of Canada is estimating that Canadian oil producers will record cumulative balance sheets losses in excess of $1 billion during 2017. The CboC refers to this scenario as “remaining in survival mode” over the near term, as it also predicted investment levels will remain low in the industry. Canadian markets traded higher on the day".
 

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