WEINGARTEN RLTY INVS
			Symbol			WRI

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Weingarten Realty Announces Third Quarter 2009 Results and New Joint Venture for the Southeast Retail Portfolio

2009-10-26 07:00 ET - News Release

HOUSTON -- (Business Wire)

Weingarten Realty (NYSE:WRI) announced today the results of its third quarter ended September 30, 2009. The Company reported a net loss of $9.4 million or $0.08 per diluted share compared to net income of $0.32 per share for the same period of 2008. The net loss for the third quarter included the effects of a non-cash impairment charge of $46.1 million or $0.39 per diluted share primarily from its new development program and a $16.5 million or $0.14 per diluted share gain from the repurchase of its debt securities, both of which are non-recurring. The third quarter’s per share results were also affected by the dilution from the $439 million common share offering in April of this year, resulting in a significant increase in the weighted average shares outstanding increasing from 84.3 million shares to 119.4 million shares.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.