New York (March 2nd, 2013) - Strategic Hotels & Resorts, Inc. (NYSE:BEE) reported results for the fourth quarter and full year ended December 31, 2012.
Q4 Net loss attributable to common shareholders was $36.4 million, or $0.18 per diluted share, in the fourth quarter of 2012, compared with a net loss attributable to common shareholders of $15.9 million, or $0.09 per diluted share, in the fourth quarter of 2011.
For full year Net loss attributable to common shareholders was $79.5 million, or $0.40 per diluted share, in 2012 compared with a net loss attributable to common shareholders of $23.7 million, or $0.13 per diluted share, in the prior year.
Strategic Hotels & Resorts, Inc., a self-administered and self-managed real estate investment trust (REIT), engages in the ownership and asset management of upper upscale and luxury hotels in North America and Europe.
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FANNIE MAE PFD S (OTCQB: FNMAS) traded at 2.09 in the last session, which is +0.05 (2.45%). The stock has a Range of 2.02 - 2.20. The stock has a 52 week low and high of 0.46 - 2.53 respectively. The stock has a Market Cap of 571.20M. The stock traded a volume of 4.12M. The stock has a 30 day average volume of 1.84M.
Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support in the secondary mortgage market in the United States. The company securitizes mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS).
Find out if FNMAS could pick up more steam in the upcoming trading sessions here: http://www.wallstreetreport.net/market-scan/?symbol=FNMAS
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