QUOTE AND NEWS
The Economic Times  Nov 18  Comment 
"EXL will continue to develop domain-specific solutions to solve these high priority challenges for our clients, while leveraging consulting.
The Hindu Business Line  Sep 8  Comment 
BPM major EXL today said it has acquired IQR Consulting, a US-based marketing and risk analytics solutions provider to the banking industry. Financial details of the deal were not disclosed. With...
The Economic Times  Oct 29  Comment 
BPO firm ExlService Holdings said its net profit has more than doubled to $15.2 million (about Rs 99.4 crore) for the third quarter ended September 30.
Benzinga  Aug 12  Comment 
EXL (NASDAQ: EXLS), a leading business process solutions company, today announced that Health Alliance Plan (HAP) has implemented EXL Healthcare's CareRadius® and CareAffiliate® population health solutions. EXL Healthcare delivers strategic...
Benzinga  Jun 15  Comment 
http://www.sec.gov/Archives/edgar/data/895421/000089542115000304/exceltr... © 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The Economic Times  Apr 30  Comment 
However, the company expects a "robust demand outlook" for the year and raised its annual revenue growth forecast to 14.1-18 per cent.
Benzinga  Apr 14  Comment 
In a report published Tuesday, analysts at Raymond James downgraded Excel Trust Inc (NYSE: EXL) from Outperform to Market Perform. The price target has also been revised from $15 to NM. The downgrade follows the 14 percent rise in the company's...
TheStreet.com  Apr 13  Comment 
NEW YORK (TheStreet) -- Excel Trust shares are up 0.06% to $15.83 on heavy trading volume on Monday as the stock hovers around the per share purchase price that Blackstone Group agreed to pay for the real estate investment trust on...
Benzinga  Apr 10  Comment 
Quantum Corporation (NYSE: QTM) shares touched a new 52-week high of $1.84 after the company reported strong Q4 earnings. Excel Trust, Inc. (NYSE: EXL) shares climbed 14.31% to reach a new 52-week high of $15.82 after the company agreed to be...
Reuters  Apr 10  Comment 
Real estate investment trust Excel Trust Inc said it would be bought by Blackstone Property Partners LP, part of Blackstone Group LP , for about $2 billion in cash.




 
TOP CONTRIBUTORS

Excel Trust (EXL) (NYSE:EXL) is a newly formed REIT, real estate investment trust, that is looking to invest in value-oriented retail properties. The properties are to be located in developed communities that have strong population and income growth. The company is in agreements to acquire 11 properties for $163.8 million. It is also negotiating 13 deals worth $550 million. [1]

The market for real estate is at a cyclically low point. The real estate capital markets have high cost of capital, and the economy is still recovering. Since the company is investing in retailers that sell consumer staples, these value-oriented retailers have performed on average better than the typical retailer. In addition, with the lack of liquidity in the capital markets, some landlords may need to sell off their distressed assets at attractive prices. Therefore, Excel Trust looks to find attractive distressed assets. [1]

The company's initial public offering of stock filed on the NYSE exchange and went public on 22 April 2010. The stock was offered at $14.00, below the range $16.00-$18.00. The company will raise $210 million by offering 15 million shares. [1]

For FY2009 with year ended 31 December 2009, the company reported $5.0 million in total revenue, up 31.6% from $3.8 million in total revenue for FY2008. Furthermore, in FY2009 the company had a net income of $243,000, an increase from a net loss of $382,000 in FY2008. [1]

References

  1. 1.0 1.1 1.2 1.3 Excel Trust S-1/A
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki