Business and Finance Business and Finance
Tue, August 23, 2011
[ 03:20 PM ] - Market Wire
Progress Energy Shareholders Overwhelmingly Approve Merger With Duke Energy
[ 03:07 PM ] - Market Wire
Brazos International Exploration, Inc. Ends Agreement
[ 03:02 PM ] - Market Wire
First BanCorp Announces Adjournment of Special Stockholder Meeting
[ 02:20 PM ] - Market Wire
Virginia Earthquake Triggers 'Unusual Event' at Susquehanna Plant
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An Alert at North Anna Power Station; Reactors Shut Down Safely, No Damage Reported
[ 02:14 PM ] - Market Wire
Public Storage Completes Mergers of Property Series Partnerships
[ 02:05 PM ] - Market Wire
Calpine Completes $373 Million Financing for Powe .. Plant Upgrade, Announces Share Repurchase Program
[ 12:39 PM ] - Market Wire
Royce Focus Trust, Inc. (Nasdaq - FUND) Declares .. rter Common Stock Distribution of $0.11 Per Share
[ 12:36 PM ] - Market Wire
A.M. Best Places Ratings of General Fidelity Life .. e Company Under Review With Negative Implications
[ 12:28 PM ] - Market Wire
Royce Micro-Cap Trust, Inc. (NYSE-RMT) Declares T .. rter Common Stock Distribution of $0.14 Per Share
[ 12:21 PM ] - Market Wire
Royce Value Trust, Inc. (NYSE - RVT) Declares Thi .. rter Common Stock Distribution of $0.21 Per Share
[ 11:19 AM ] - Market Wire
A.M. Best Upgrades Issuer Credit Rating of AMEX Assurance Company
[ 10:03 AM ] - Market Wire
Sun Life Financial completes offering of Senior Unsecured Debentures
[ 09:29 AM ] - Market Wire
The Briscoe Law Firm and Powers Taylor, LLP Annou .. e Investigation of Brooklyn Federal Bancorp, Inc.
[ 08:05 AM ] - Market Wire
U.S. Global Investors Launches iPad, iPhone and B .. lications for Faster Communication with Investors
[ 07:45 AM ] - Market Wire
Atlas Energy, L.P. & Atlas Pipeline Partners, L.P. to Participate at the Citi MLP Conference
[ 07:01 AM ] - Market Wire
Real-Time Alerts Now Available for U.S. Bank ATM and Check Card Customers
[ 06:16 AM ] - Market Wire
JBZ Capital Inc. enters into letter of intent to .. ploration project in the Northern Territory, Aust
[ 06:00 AM ] - Market Wire
JMP Group Announces Addition of Erik Suppiger as Senior Equity Research Analyst
[ 05:30 AM ] - Market Wire
Finavera Wind Energy Agrees to Memorandum of Understanding with McLeod Lake Indian Band
[ 05:00 AM ] - Market Wire
News Release - CIBC provides Q2 2011 Supplementar .. reflects previously-announced realignment of busi
[ 05:00 AM ] - Market Wire
Western Asset High Income Fund II Inc. Announces Results of Annual Meeting of Shareholders
[ 04:30 AM ] - Market Wire
Investools® from TD Ameritrade Holding Corporation to Hold National Investor Education Conference
[ 04:30 AM ] - Market Wire
247MGI Files Disclosure Statement in Preparation for its Pending Merger with A Private Company
[ 04:00 AM ] - Market Wire
Southern Union Announces Permian Basin Midstream Expansion
[ 02:03 AM ] - Market Wire
ACE Announces Expansion of Terrorism & Political Violence Team
[ 01:00 AM ] - Market Wire
Allstate Launches Identity Theft Coverage in California
[ 12:15 AM ] - Market Wire
Evergreen Announces Initial Testing Results of Penrhyn Coal
Mon, August 22, 2011
[ 10:00 PM ] - Market Wire
UBS Update on Cost Reduction Plans
[ 04:32 PM ] - Market Wire
HCP to Pay Judgment in Ventas Litigation

HCP to Pay Judgment in Ventas Litigation


Published on 2011-08-22 16:46:50 - Market Wire
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LONG BEACH, Calif.--([ BUSINESS WIRE ])--HCP (NYSE:HCP) announced that it will promptlypay the approximately $102 million judgment against the Company resulting from the 2009 jury verdict awarding compensatory damages to Ventas, Inc. The Company accrued the full amount of the $102 million compensatory award during the third quarter of 2009, and accordingly the Companya™s payment will have no additional impact on the Companya™s earnings.

About HCP

HCP, Inc., an S&P 500 company, is a real estate investment trust (REIT) that invests primarily in real estate serving the healthcare industry in the United States. HCP has been a publicly traded NYSE listed company since 1985. Our portfolio of properties is distributed among distinct sectors of healthcare including: senior housing, life science, medical office, post-acute/skilled nursing and hospital. For more information, visit us at [ www.hcpi.com ].

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