Cedar Shopping Centers, Inc. Q4 2008 Earnings Call Transcript

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2009-03-06 13:23:17.0

Tags: Forward-looking Statement, Vice President, Call Transcript, Earnings, Cedar Shopping Centers Inc., Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

Cedar Shopping Centers, Inc. (CDR)

Q4 2008 Earnings Call

March 6, 2009 10:00 am ET

Executives

Brad Cohen – Investor Relations

Leo S. Ullman – Chairman of the Board, President & Chief Executive Officer

Lawrence E. Kreider, Jr. – Chief Financial Officer

Thomas B. Richey – Vice President Development and Construction Services

Brenda J. Walker – Vice President

Nancy H. Mozzachio – Vice President Leasing

Analysts

Nathan Isbee – Stifel Nicolaus & Company, Inc.

Analyst for Michael Bilerman – Citigroup

Mark Rozanski – BMO Capital Markets

David Fick – Stifel Nicolaus

RJ Milligan – Raymond James

Paul Adornato – BMO Capital Markets

Presentation

Operator

Welcome to the Cedar Shopping Centers fourth quarter and yearend 2008 earnings conference call. At this time all participants have been placed in a listen only mode and the floor will be opened for your questions following the presentation. It is now my pleasure to turn the floor over to your host Mr. Brad Cohen.

Brad Cohen

At this time management would like to inform you that certain statements made during this conference cal which are not historical facts may be deemed forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934 as amended by the Private Securities Litigation Reform Act of 1995.

Although the company believes that expectations reflected in any forward-looking statements are based upon reasonable assumptions, they are subject to various risks and uncertainties. The company can provide no assurance that expectations will be achieved and actual results may vary. Many of the factors and risks that could cause actual results to differ materially from expectations are detailed in yesterday’s press release and from time-to-time in the company’s filings with the SEC.

The company undertakes no obligation to advise or update any forward-looking statements reflected in or circumstances after the date of the company’s release. It is now my pleasure to turn the call over to Mr. Leo Ullman, Chairman, CEO and President.

Leo S. Ullman

Thank you very much for joining us today on the Cedar Shopping Center earnings conference call for the fourth quarter and full year 2008. With me on the call is Larry Kreider, our Chief Financial Officer, other members of our team including Tom Richey, our Vice President of Development and Construction, Brenda Walker, our Vice President of Operations and Nancy Mozzachio, our Vice President of Leading are also on the call and available to you.

 

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