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IN BRIEF.(TO THE POINT)

Investor's Business Daily

| October 04, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Brandywine Realty Trust will pay $3.25 bil -- $2.2 bil in cash, $1.05 bil in stock -- for Prentiss Properties Trust. The new entity will be one of the biggest office real estate investment trusts in the nation. Brandywine fell 3% to 29.69.

ACE, an insurer, warned it will post a loss of 50-70 cents a share in its Q3 due to the impact of Katrina and Rita. Views had predicted a 27-cent loss. Shares fell 3% to 45.58.

Wal-Mart Stores' Sept. same-store sales are expected to gain 3.8%. The giant discounter had forecast a 2%-4% rise. Shares dipped 6 cents to 43.76.

Charlotte ...

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