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Macerich Announces New Financing Activity

Macerich is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. The Company is the sole general partner and owns an 86% ownership interest in The Macerich Partnership, L.P. Macerich now owns approximately 77 million square feet of gross...

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Macerich Co. Q3 2008 Earnings Call Transcript

Macerich Co. (MAC) Q3 2008 Earnings Call Complete Story »

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Macerich lifts earnings guidance even as profit falls

LONDON (MarketWatch) -- Real-estate investment trust the Macerich Co. said third-quarter net income fell 71% to $5.7 million, or 8 cents a share, from $19.4 million, or 27 cents a share, earned in the year-ago quarter. Revenue rose to $225.8 million from $224 million a year earlier. The company lifted its earnings guidance for the year to a range of $2.49 to $2.64 a share. Market Pulse Stories are...

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Macerich, American Express Partner on New Green Gift Card

Macerich has announced that it, in partnership with American Express, is introducing the "Give Green" Gift Card. Calling the card "something brand new in the shopping center industry, every purchase of a Give Green Gift Card benefits American Forests, the nation's oldest nonprofit citizen conservation organization, which is dedicated to growing a healthier world through healthier forest ecosystems."...

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Macerich CEO Sells Stock

DALLAS -- The decline of mall owner Macerich Co.'s stock resulted in Chairman and Chief Executive Officer Arthur Coppola selling 44% of his Macerich common stock late last week to cover a margin call.

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Cross County Shopping Center Gets Makeover

Macerich leading redevelopment of Yonkers, N.Y., facility.

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Macerich Announces Over $500 Million of Recent Financing Activity

SANTA MONICA, Calif., Oct. 3 -- The Macerich Company (NYSE: MAC) today announced the closing of three loan financings and commitments on two other financings. The total loan amount on all five transactions is $538.6 million

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The Macerich Company Announces Third Quarter 2008 Earnings Release and Conference Call

SANTA MONICA, Calif., Oct. 2 /PRNewswire-FirstCall/ -- Macerich (NYSE: MAC) today announced that it will release third quarter 2008 earnings results before the market opens on Tuesday, November 4, 2008. Management will hold a conference call at 1:30 pm ET on November 4, 2008 to discuss quarterly results. Arthur Coppola, CEO and Chairman of the Board of Directors of Macerich and Thomas O'Hern, Senior...

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Palisene shopping center to feature retractable roof

The planned 1 million-square-foot Palisene mall in northeast Phoenix will feature four anchor tenants, including a Dillard's department store, and a retractable roof to enhance the indoor-outdoor shopping experience, according to details released Thursday by Macerich and its Westcor development unit. (MAC)

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Macerich to Webcast Presentation at Bank of America 38th Annual Investment Conference

SANTA MONICA, Calif., Sept. 11 /PRNewswire-FirstCall/ -- Macerich(R) (NYSE: ), today announced that Art Coppola, CEO and Chairman of the Board of Directors and Tom O'Hern, Senior Executive Vice President and Chief Financial Officer will participate in the Bank of America 38th Annual Investment Conference on Tuesday, September 16, 2008 in San Francisco. The live audio-only webcast will be available...

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Bloomingdale's Adds Celebrated Shopping Experience to Macerich's Santa Monica Place

SANTA MONICA, Calif., Sept. 10 /PRNewswire-FirstCall/ -- Macerich(R) (NYSE: ), one of the nation's largest owners, operators and developers of regional shopping centers, today announced it will bring Bloomingdale's to Santa Monica Place, the company's new, open-air retail and dining destination under construction in Santa Monica, Calif. Bloomingdale's will join Nordstrom as a key department store...

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Macerich Elevates CEO Art Coppola to Role of CEO and Chairman, Promotes Senior Executive Vice President Ed Coppola to President

SANTA MONICA, Calif., Sept. 5 /PRNewswire-FirstCall/ -- Macerich(R) (NYSE: ), one of the nation's largest owners, operators and developers of regional shopping centers, today announced a series of key senior management promotions put in place yesterday by its Board of Directors. Art Coppola, formerly President and CEO, is now CEO and Chairman of the Board of Directors, and Ed Coppola, formerly Senior...

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Macerich Co. Q2 2008 Earnings Call Transcript

The Macerich Company (MAC) Q2 FY08 Earnings Call Complete Story »

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Macerich second-quarter net income rises to $18.8 million

LONDON (MarketWatch) -- The Macerich Company on Thursday said net income rose to $18.8 million, or 25 cents a share, from $10.9 million, or 15 cents a share, a year ago. Consensus expectations were for second-quarter earnings of 21 cents a share, according to a FactSet Research survey of two analysts. The Santa Monica, Calif.-based real estate investment trust said funds from operation rose to $1.16...